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Deposit Insurance and Credit Guarantee Corporation (DICGC) is a wholly owned subsidiary of Reserve Bank of India. It was established on 15 July 1978 under the Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities. DICGC insures all bank deposits, such as saving, fixed, current, recurring deposit for up to the limit of Rs. 500,000 of each deposit in a bank.
Which helicopter will replace the UH-3H in the Indian Navy?
To ensure fair lending, the Reserve Bank of India (RBI) has prohibited lenders from compounding penal interest arising from loan defaults with future re...
Meta is partnering with _______ to introduce AI large language model’s next generation and make technology known as Llama 2 & this ChatGPT-like model ...
Who becomes the first woman to achieve a $100 billion fortune, and what is the primary reason for this milestone?
India recently joined which elite group by amassing foreign exchange reserves exceeding:
What significant achievement did Manu Bhaker accomplish in a single Olympic edition?
The finance ministry has increased the small savings rates for the September quarter of FY 24.Amongst the changes, the small savings rate for the five...
The Reserve Bank of India (RBI) has canceled the Certificate of Registration of Chennai-based Ind Bank Housing Ltd. HUDCO and which bank are the major s...
Consider the following statements about Mohenjo Daro:
1. Archaeologists recently discovered 2000-year-old copper coins in this area.