<Table> <Tr> <Td> </Td> <Td> This article needs more links to other articles to help integrate it into the encyclopedia . Please help improve this article by adding links that are relevant to the context within the existing text . (November 2013) (Learn how and when to remove this template message) </Td> </Tr> </Table> <Tr> <Td> </Td> <Td> This article needs more links to other articles to help integrate it into the encyclopedia . Please help improve this article by adding links that are relevant to the context within the existing text . (November 2013) (Learn how and when to remove this template message) </Td> </Tr> <P> Deposit Insurance and Credit Guarantee Corporation (DICGC) is a subsidiary of Reserve Bank of India . It was established on 15 July 1978 under Deposit Insurance and Credit Guarantee Corporation Act, 1961 for the purpose of providing insurance of deposits and guaranteeing of credit facilities . DICGC insures all bank deposits, such as saving, fixed, current, Recurring_deposit for up to the limit of Rs. 100,000 of each deposits in a bank . </P> <P> The functions of the DICGC (Deposit Insurance and Credit Guarantee Corporation) are governed by the provisions of' The Deposit Insurance and Credit Guarantee Corporation Act, 1961' (DICGC Act) and' The Deposit Insurance and Credit Guarantee Corporation General Regulations, 1961' framed by the Reserve Bank of India in exercise of the powers conferred by sub-section (3) of Section 50 of the said Act . </P>

Who pays the cost of deposit insurance with the igcc