Commercial Banks:
All commercial banks, including branches of foreign banks, local area banks, and regional rural banks operating in India, are insured by the DICGC.
Cooperative Banks:
Includes State, Central, and Primary (Urban) Cooperative Banks functioning in States/UTs where local Cooperative Acts have empowered RBI to regulate winding up or supersession. RBI’s written approval is required for any such action.
All co-operative banks, except those in Meghalaya, Chandigarh, Lakshadweep, and Dadra & Nagar Haveli, are covered.
