RBI's deposit insurance arm to pay depositors of two co-operative banks in August

DICGC, a wholly-owned subsidiary of the RBI, provides an insurance cover of up to Rs 5 lakh on bank deposits. Depositors of the two Maharashtra-based banks will get the amount credited to the alternate bank account specified by them, or on their consent, to their Aadhaar-linked bank accounts. https://ift.tt/Gky6Ll8