Lodgement of depositors' claims with DICGC - Issues - Need of process simplification without sacrificing safety and security

Shivaprasad Laxman Chhatre , Last updated: 27 March 2022 Share Follow on Google News

1. Few readers of my earlier articles on the subject of DICGC called me and informed me that contrary to the applicable provisions some banks are not entertaining multiple willingness letters and papers/documents from the depositors that satisfy same capacity and in the same right criteria. e.g Depo

Daily Limit Reached

You have reached your daily limit of 2 Free Articles

Subscribe to CCI PRO for unlimited access

Why Upgrade to CCI PRO?

No Ads
WhatsApp Broadcasts
Daily E-Newsletter
Unlimited Articles Access

BEST VALUE

2 YEAR PLAN

3,499

(Inclusive of GST)

1 YEAR PLAN

1,999

(Inclusive of GST)

Buy CCI PRO Now

Already a PRO member? Login here for an ad-free experience.

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!

1833 Views 1 Likes Comment Share Community & General Report

About the Author

Shivaprasad Laxman Chhatre

Ex Chief Ethics and Compliance BNP Paribas

Ex Group Head Ethics and Compliance BNP Paribas, Kotak Mahindra Bank, ICICI Bank, PSU Banks, Ex- CEO FIMMDA, Practical ex-Banker 35 years of supervisory level banking experience which includes the experience as Group Head of Compliance of an MNC Bank, 15 years in Bank Treasury amp; Securities Market (in New Private ... Read more

View Articles