The Deposit Insurance and Credit Guarantee Corporation (DICGC), on October 01, 2025, issued the DICGC (Payment of Deposit Insurance Premium and Submission of Returns by Insured Banks) Master Directions, 2025.
The following amendments have been stated:
• Deposit Insurance and Credit Guarantee Corporation has, from time to time, issued several circulars/guidelines/instructions/directives to the insured banks with regards to their submission of Deposit Insurance (DI) Returns, Statutory Auditor Certificate (SAC) (both, hereinafter, may be referred to as returns), and payment of DI Premiums.
• This Master Direction supersedes all circulars/instructions/directives issued on the subject to date, as indicated in the Annexure II. All insured banks are directed to ensure compliance with the Master Directions from the date of their coming into effect.
[Circular No. CO.DICG.IOD.No.S1051/05-60-999/2025-2026]