Site icon Rapid Telecast

DICGC asks insured banks to display its logo, QR code on website

DICGC asks insured banks to display its logo, QR code on website

Deposit Insurance and Credit Guarantee Corporation (DICGC) has asked all insured banks to display the DICGC Logo and QR Code linked to its website on the banks’ internet banking portals and websites.

The decision taken in consultation with the Reserve Bank of India, has been taken with a view to enhance awareness about Deposit Insurance in a focused and sustained manner, DICGC said.

  • Also Read: Three pitfalls insurance buyers should avoid

“This will enable customers to easily identify banks covered by the Deposit Insurance Scheme of DICGC and facilitate timely access to information on Deposit Insurance,” it said.

All banks need to comply with the circular effective September 1, 2023. All commercial banks including branches of foreign banks functioning in India, local area banks and regional rural banks are insured by the DICGC.

DICGC is a specialised division of RBI and the insurer for banks’ customer deposits. It promotes public awareness on deposit insurance through its website, display of printed materials and through several financial literacy campaigns with RBI.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest For Top Stories News Click Here 

Read original article here

Denial of responsibility! Rapidtelecast.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – abuse@rapidtelecast.com. The content will be deleted within 24 hours.
Exit mobile version