Deposit insurance and credit guarantee corporation (DICGC) - GK POWERCAPSULE

All commercial banks including branches of foreign banks functioning in India, local area banks and regional rural banks are insured by the DICGC.
Note: Primary cooperative societies are not insured by the DICGC.

DICGC insure: DICGC protects bank deposits that are payable in India.
The DICGC insures all deposits such as savings, fixed, current, recurring, etc. except the following types of deposits.
(i) Deposits of foreign Governments;
(ii) Deposits of Central/State Governments;
(iii)Inter-bank deposits;
(iv) Deposits of the State Land Development Banks with the State co-operative bank;
(v) Any amount due on account of any deposit received outside India
(vi) Any amount, which has been specifically exempted by the corporation with the previous approval of Reserve Bank of India.

Maximum deposit amount insured by the DICGC - Each depositor in a bank is insured upto a maximum of Rs.1,00,000 (Rupees One Lakh).

Credit Information Bureau (India) Limited: is India’s first Credit Information Company (CIC) founded in August 2000.
CIBIL collects and maintains records of an individual’s payments pertaining to loans and credit cards.
Headquarter – Mumbai