Cooperative banks continue to be the weak link in the countr….
Cooperative banks continue to be the weak link in the country’s deposit insurance system. Since its inception and till March 2024, Deposit Insurance and Credit Guarantee Corporation (DICGC) has paid out Rs 16,326 crore to depositors. Of this, Rs 295.9 crore was for claims from 27 commercial banks, while Rs 10,670.4 crore went towards claims … Read more