This dataset, sourced from the Deposit Insurance and Credit Guarantee Corporation of India (DICGC), provides detailed records of the insured amounts returned to depositors of commercial banks closed or placed under liquidation by the Reserve Bank of India (RBI) from 2006 to 2023. It includes bank names, AID imposition dates, and the insured sums repaid and the date of repayment. The data offers insights into the financial recovery process for affected depositors during this period.
AID: All-inclusive Directions are imposed by the RBI under section 35A read with section 56 of the BR Act, 1949 in public interest to prevent the affairs of any banking company from being conducted in a manner detrimental to the interests of the depositors or a manner prejudicial to the interests of the banking company.
Data scraped and organized for ease of access from the following link (may be broken in the future):
https://www.dicgc.org.in/FD_ClaimsSettled_Archives.html