Sunday, December 29, 2019

Deposit Insurance Corporation sees Rs 14,100cr claims amid PMC crisis

Deposit Insurance Corporation sees Rs 14,100cr claims amid PMC crisis The extent of devolvement on the Deposit Insurance and Credit Guarantee Corporation (DICGC) in the event of all the banks "under direction" or weak banks going into liquidation or ordered to be wound up, would be Rs 14,098 crore as of September-end, said the RBI#39;s Financial Stability Report released recently.

from Moneycontrol Business News https://ift.tt/2Q4xmiq
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