Deposit Insurance in India

K Srinivas, CMA CS , Last updated: 28 July 2021  
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Background With the spate of bank failures in independent India putting the depositors money at risk, India passed DICGC Act in 1961 through which the Deposit Insurance Credit Guarantee Corporation of India (DICGC) came into existence. DICGC is a wholly owned subsidiary of the RBI and was formed

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Published by

K Srinivas, CMA CS
(Founder, Artha Consulting Services)
Category Others   Report

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