For the safety of customers' deposits, the bank sends the insurance premium for the upcoming six months to the "Deposit Insurance and Credit Guarantee Corporation (DICGC)," an affiliated institution of the Reserve Bank, at the end of every half-year — in September and March.
During the reporting year, the bank has sent the premiums as detailed below.
|
Year |
Total Deposits and Other Liabilities (in Lakhs) |
Insurance Premium Amount |
Date of Payment (RTGS) |
|
31/03/2024 |
28493.42 |
2017340 |
28/11/2024 |
|
30/09/2024 |
29384.71 |
2080456 |
16/05/2024 |
|
31/03/2025 |
29478.39 |
2087080 |
11/11/2024 |
|
30/09/2025 |
28595.77 |
2024590 |
14/05/2025 |