Company : Deposit Insurance and Credit Guarantee Corporation
Head Quarters : Mumbai
Industry : Insurance
Service/Product : Loans, Insurance, Savings, Deposits,Credit Guarantee,etc
Website : www.dicgc.org.in
Customer Care Phone Number :
General : 022-2308 4121
Premium : 022-2306 2161
Related : Tata AIA Life Insurance Company Thane Customer Helpline Number : www.customercare.gen.in/3246.html
Claims : 022-2302 1143
Secretary’s Deptt : 022-2301 1991
Right to Information Cell : 022-2301 1991
Recovery Management Cell : 022-2306 2163
Customer Care Cell : 022-2306 2162
Fax : 022 – 2301 5662, 2301 8165
Telegram : Creditguard
Email : dicgc AT rbi.org.in
Executive Director : 022-2301 9460
General Manager : 022-2301 9645
Director : 022-2301 9570
General Manager : 022-2302 1146
General Manager : 022-2302 1150
General Manager : 022-2301 8840
Deputy General Manager : 022-2302 1149
Deputy General Manager : 022 2302 1158
Deputy General Manager : 022 2301 9792
About Us :
The concept of insuring deposits kept with banks received attention for the first time in the year 1948 after the banking crises in Bengal. The question came up for reconsideration in the year 1949, but it was decided to hold it in abeyance till the Reserve Bank of India ensured adequate arrangements for inspection of banks. Subsequently, in the year 1950, the Rural Banking Enquiry Committee also supported the concept.
Serious thought to the concept was, however, given by the Reserve Bank of India and the Central Government after the crash of the Palai Central Bank Ltd., and the Laxmi Bank Ltd. in 1960. The Deposit Insurance Corporation (DIC) Bill was introduced in the Parliament on August 21, 1961. After it was passed by the Parliament, the Bill got the assent of the President on December 7, 1961 and the Deposit Insurance Act, 1961 came into force on January 1, 1962.