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How seniors can secure Rs 1 lakh monthly pension with smart investments after retirement - Times of India
NEW DELHI: Generating a monthly pension of Rs 1 lakh after retirement is a common concern for senior citizens. According to experts, a corpus of approximately Rs 1.2 crore to Rs 1.5 crore is ...
The Times of India
6 days ago
Highest interest on 1-year FD: Get up to 8.25% on fixed deposits maturing in a year; full list of banks
Investors can still get up to 8.25% interest rate on their one-year fixed deposits (FD) in select small finance banks. This high interest rate is offered ...
The Economic Times
1 day ago
People also ask
Can a bank withdraw from DICGC coverage?
Does DICGC pay deposit insurance premium?
Are banks registered with DICGC insured?
What is Deposit Insurance & Credit Guarantee Corporation (DICGC)?
Can the DICGC withdraw deposit insurance coverage from any bank? What will be the Corporation's liability to the banks on de-registration. 1. Which banks are insured by the DICGC ? Commercial Banks : All commercial banks including branches of foreign banks functioning in India, local area banks and regional rural banks are insured by the DICGC.
Oct 24, 2019 · The deposit insurance scheme is compulsory and no bank can withdraw from it. Q.16 Can the DICGC withdraw deposit insurance coverage from any bank? Ans: The Corporation may cancel the registration of an insured bank if it fails to pay the premium for three consecutive periods.
The deposit insurance scheme is compulsory and no bank can withdraw from it. Q Can the DICGC withdraw deposit insurance coverage from any bank? The Corporation may cancel the registration of an insured bank if it fails to pay the premium for three consecutive periods.
The deposit insurance scheme is mandatory, and no bank can withdraw from it. How will you know whether your bank is insured by the. DICGC? The list of insured banks is published on the DICGC website on the home page as well as under the ‘For Depositors’ Tab. What is the maximum deposit amount insured by the. DICGC?
information to the deposit taking bank so that claim settlement by DICGC, if at all required, is done without delay. You can find more details at DICGC website www.dicgc.org.in or email your specific queries at dicgc@rbi.org.in or address your queries to: DEPOSIT INSURANCE AND CREDIT GUARANTEE CORPORATION
Feb 14, 2017 · No insured banks can withdraw themselves from the DICGC coverage. The deposit insurance scheme is mandatory for all the banks.
3 days ago · The Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly-owned subsidiary of the Reserve Bank of India (RBI), provides insurance coverage of up to Rs 5 lakh per depositor per bank against bank savings and current accounts, fixed deposits, recurring deposits, etc., in case of a bank failure. The coverage includes the principal ...
