https://www.taxtmi.com/news?id=14464 Deposit insurance under the DICGC Act covers eligible cooperative banks while excluding non-bank cooperative societies; the statutory insurance cover per depositor per bank remains at the existing limit under Section 16(1), and there is at present no proposal to increase that limit. The Corporation continues to collect premiums from covered cooperative banks and to settle depositor claims as reflected in recent premium receipt and claim-settlement figures. en-us Fri, 08 May 2015 18:01:18 +0530 Fri, 08 May 2015 18:01:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14464 Deposit insurance under the DICGC Act covers eligible cooperative banks while excluding non-bank cooperative societies; the statutory insurance cover per depositor per bank remains at the existing limit under Section 16(1), and there is at present no proposal to increase that limit. The Corporation continues to collect premiums from covered cooperative banks and to settle depositor claims as reflected in recent premium receipt and claim-settlement figures. News - Fri, 08 May 2015 18:01:18 +0530 https://www.taxtmi.com/news?id=14464