A portion of your savings in bank may not be totally secure. We explain why
Updated: 25 Aug 2022, 11:37 AM IST
TL;DR.The Deposit Insurance and Credit Guarantee Corporation (DICGC) protects your money from bank failures and keeps it safe in a bank. Hence, you do not need to be concerned about the security of your funds. Read the article to learn more about it.
DICGC stands for Deposit Insurance and Credit Guarantee Corporation.