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Claims Settled


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Deposit Insurance and Credit Guarantee Corporation Claims Paid/Settled during 2016 - 17

Main Claim settled for the period January - December 2016

Sr.No.

State

Name of the Bank

Date of Payment

Amount Sacntioned
 ( in Lakhs)

1

Maharashtra

Shri Shivaji Sahakari Bank Ld.Gadhinglaj

February 12, 2016

727.11

2

West Bengal

Baranagar Co-operative Bank Ltd. (Kolkata)

May 20, 2016

1499.85

3 Rajasthan The Ajmer Urabn co-perative Bank Ltd., Rajasthan

October 24, 2016

In-principle approval granted under DICGCs expeditious settlement of claims policy for payment of deposit insurance to the depositors out of liquid funds available with the bank subject to compliance with the provisions of the DICGC Act,1961.

4 Hyderabad Tandur Mahila Co-operative Urban Bank Ltd., Telangana

December 15, 2016

43.08

5 Maharashtra The Merchants Co- operative Bank Ltd., Dhule

December 26, 2016

444.23