The proposal of the
Deposit Insurance and Credit Guarantee Corporation (DICGC) for
risk-based deposit insurance premium structure has been examined by the
Government. DICGC has been advised to fine-tune its proposal keeping in
view the risk profile of various banks within the same bank-group. The
Government has not received final proposal from DICGC. Further, DICGC
has also not indicated to the Government the financial implications of
the risk-based deposit insurance premium structure.
This was stated by the Minister of State for Finance, Shri Namo Narain
Meena in written reply to a question in the Rajya Sabha today.
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(Release ID :89201