✨ Smart Article Summary
- The Reserve Bank of India has instructed banks to include the amount they pay in deposit insurance premiums to the Deposit Insurance and Credit Guarantee Corporation (DICGC) in their annual reports.
- If a bank hasn’t paid the insurance premium, it must also mention that in its annual report.
- These new disclosure requirements will take effect starting April 1, 2026, according to the RBI.
The Reserve Bank of India has instructed banks to include the amount they pay in deposit insurance premiums to the Deposit Insurance and Credit Guarantee Corporation (DICGC) in their annual reports. If a bank hasn’t paid the insurance premium, it must also mention that in its annual report. These new disclosure requirements will take effect starting April 1, 2026, according to the RBI.