RBI cancels licence of THIS co-operative bank
As per the data submitted by the bank, more than 99 per cent of the depositors are entitled to receive the full amount of their deposits from Deposit Insurance and Credit Guarantee Corporation (DICGC), the central bank said in a release.
As of August 06, 2022, DICGC has already paid Rs 13.07 crore of the total insured deposits. Source: Reuters