Who pay the cost of deposit insurance with digcc?
singleAnswer
the insured banks itself banks
Deposit Insurance and Credit Guarantee Corporation
Who pay the cost of deposit insurance with digcc?
Deposit Insurance and Credit Guarantee Corporation Deposit insurance Fixed deposit Export Credit Guarantee Corporation of India Palai Central Bank United Bank for Africa LIC Housing Finance Financial Sector Legislative Reforms Commission PNB Housing Finance Limited Buldana Urban Cooperative Credit Society
<b>Deposit Insurance</b> and Credit Guarantee Corporation (<b>DICGC</b>) is a wholly owned 
subsidiary of ... This means that the benefit of <b>deposit insurance</b> protection is 
made available to the depositors or customers of banks free of <b>cost</b>. ... Presently 
the banks have to <b>pay</b> a sum to the <b>DICGC</b> as insurance premium which insures 
all&nbsp;... <b>Deposit insurance</b> is a measure implemented in many countries to protect bank 
depositors, in full or in part, from losses caused by a bank&#39;s inability to <b>pay</b> its 
debts when ... SME businesses)&quot; helps to reduce the <b>cost</b> of the scheme but also 
helps to increase its available funds for those who actually need the guarantee 
when&nbsp;... A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which 
provides ... by the <b>Deposit Insurance</b> and Credit Guarantee Corporation (<b>DICGC</b>). 
However, <b>DICGC</b> guarantees amount up to ₹ 100000(about $1555) per ... For 
such deposits, the interest is <b>paid</b> with the invested amount on maturity of the&nbsp;... ECGC Ltd is the seventh largest credit insurer of the world in terms of <b>coverage</b> of 
national exports. The present <b>paid</b>-up capital of the company is Rs. 1200 crores&nbsp;... Palai Central Bank was a commercial bank headquartered in Kerala, South India 
that ... A young boy coming to deposit the scholarship amount he got received the 
same ... eventual formation of the <b>Deposit Insurance</b> &amp; Credit Guarantee 
Corporation (<b>DICGC</b>). ... Atom &middot; BHIM &middot; BillDesk &middot; CCAvenue &middot; Google <b>Pay</b> &middot; Zeta 
India&nbsp;... United Bank for Africa (UBA) Plc, is a leading pan-African financial services 
group ... Africans are able to withdraw or <b>deposit</b> money in any of these branches 
... UBA is the first Nigerian Bank to introduce a Cheque <b>Guarantee</b> Scheme – the 
first&nbsp;... LIC Housing Finance Limited (LIC HFL) is one of the largest Housing Finance 
Mortgage loan companies in India having its Registered and Corporate office at 
Mumbai. LIFE <b>INSURANCE</b> CORPORATION OF INDIA holds founder, promoter 
... is Rs.1500 Million (Rs.150 Crores) and its <b>paid</b>-up Capital is Rs.1009.9 Million
&nbsp;... The Financial Sector Legislative Reforms Commission (FSLRC) is a body set up 
by the ... For example, the RBI Act and the <b>Insurance</b> Act are of 1934 and 1938 
vintage ... market with all its attendant benefits of minimising the intermediation 
<b>cost</b>. ... which would deal with all financial firms other than banking and <b>payments</b>
,&nbsp;... PNB Housing Finance Limited (PNBHFL) is an Indian public limited housing 
finance company ... Fixed <b>Deposits</b>, other than direct channel is also sourced via 
Broker Network ... whereby it ploughs 25% of the processing <b>fee</b> collected from 
IMA doctors and invests this amount in health camps organized for the 
underprivileged&nbsp;... Buldana Urban Cooperative Credit Society was formed on 15 August 1986. 
Chairman (Mr.) ... Products, consumer banking, corporate banking, finance and 
insurance, ... provide customers to <b>deposit</b> or withdraw up to ₹10,000 from their 
savings account. In 2012 ... Atom &middot; BHIM &middot; BillDesk &middot; CCAvenue &middot; Google <b>Pay</b> &middot; 
Zeta India&nbsp;...
the insured banks
Deposit Insurance and Credit Guarantee Corporation