It also told a bench of Chief Justice D N Patel and Justice Prateek Jalan that the insurance cover of Rs five lakh being provided to each depositor by the Deposit Insurance and Credit Guarantee Corporation (DICGC) -- a wholly owned subsidiary of RBI -- would be applicable only on cancellation of license of the bank which is not the case presently.source https://economictimes.indiatimes.com/industry/banking/finance/banking/withdrawal-limit-of-rs-1l-on-pmc-bank-cant-be-increased-due-to-lack-of-liquidity-rbi/articleshow/77550316.cms
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