Banking


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Querist : Anonymous

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Querist : Anonymous (Querist)
28 April 2015 In case i have a deposit of say RS. 1 crore in bank.In the event of banks winding up(liquidation)i will receive back a sum of just Rs 1 lakh???? Since Rs 1 lakh is what the DICGC covers ???

03 May 2015 i dont think that this can happen yaar

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 May 2015 It does happen like this it didnt appeared to be normal but this is done by government of India for the protection of people who have low income and small savings


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