The RBI further said that as per the data submitted by the bank, about 99 per cent of the depositors will receive full amounts of their deposits from the Deposit Insurance and Credit Guarantee Corporation (DICGC).
source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-cancels-licence-of-madgaum-urban-co-operative-bank-ltd-margao/articleshow/84858599.cms
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