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   Recovery Policy For Liquidators

  Hardoi Urban Co-operative Bank Limited is de-registered w.e.f. Aug 30,.2017

  Mahamedha Urban Co-operative Bank Limited w.e.f. Aug 22,.2017

  Updating Customer data base of all insured banks

  Jamkhed Merchants Co-operative Bank Maryadit is de-registered w.e.f. June 01, 2017

  The circular letter no DICGC 1301/CSD/05.02.278/2017-18 dated July 12, 2017 issued by DICGC to all insured banks is intended to prepare a format as prescribed with customer deposit data base in serial nos. and should be maintained in data base of the bank on "an on-going basis". Please do not send the data to DICGC but only send the compliance of having done this and maintained with bank

  Ajinkyatara Sahakari Bank Ltd, Satara and Ajinkyatara Mahila Sahakari Bank Ltd, Satara are merged with The Karad Urban Co-operative Bank Ltd, Karad

  Gokul Co-operative Urban Bank Limited is de-registered w.e.f. June 28, 2017

  Ajinkyatara Sahakari Bank Ltd, Satara and Ajinkyatara Mahila Sahakari Bank Ltd, Satara are merged with The Karad Urban Co-operative Bank Ltd, Karad

  The name of the Nutan Nagari Sahakari Bank Ltd. is changed as Shankarrao Pujari Nutan Nagari Sahakari Bank Ltd

  The address of the Shri Shiveshwar Nagari Sahakari Bank Ltd. is changed

  The name of 'Nilkanth Co-op Bank Ltd' is changed as 'Neelkanth Co-op Bank Ltd'

  The name of Yavatmal Mahila Sahakari Bank Ltd is changed as 'Babaji Date Mahila Sahakari Bank Ltd'

  A meeting is scheduled on February 28, 2017 in DICGC for 8 liquidators and Registrar of Cooperative Societies from the State of Maharashtra where the main claims are not yet submitted

  Guidelines issued to liquidators updated as on October 14, 2016

  FAQs on claims settlement updated as on September 17, 2016

  Letters are being issued to liquidators for return of undisbursed amount as per circular dated, April 27,2012

  Remittance of Premium through RTGS/NEFT

  Shri N. S. Vishwanathan, Deputy Governor’s visit to DICGC

  Report of the Committee on Differential Premium System for Banks in India

  Penalty on delayed submission of DI Statement revised on Sep 11, 2014

  Workshop for the liquidators of the UCBs in Andhra Pradesh and Telangana

  Penalty on delayed submission of DI Statement

  "Exemption of deposits credited to Deposit Education and Awareness Fund".

  "Remittance of premium through RTGS/NEFT".

  "Undisbursed claim amount lying with the liquidators of banks under liquidation - Direct Settlement of supplementary claims"
The Liquidator, All banks under liquidation.

  "Undisbursed claim amount lying with the liquidators of banks under liquidation - Direct Settlement of supplementary claims"
The Registrar of Co-operative Societies, All States.