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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.
FCCB is a type of Bond. What does second ‘C’ in FCCB denote?
The risk that loss may arise on account of trading in SLR and other securities by a bank is classified as ______
Systemic risk is the risk due to
A charge created over an asset as security that gives equal rights to all lenders is called _____
What is the difference between intrinsic and extrinsic motivation?
Which country is projected to have the highest per-capita income growth in the world at 5.4 per cent per annum during 2024-33, according to a report by ...
If an individual is unable to pay back the overdraft taken by him, which of the following risk is the bank facing?
What is the difference between a financial center and a financial hub?
How does lateral communication in an organization occur?
How often should the interest rate under the external benchmark be reset?
