The Deposit Insurance and Credit Guarantee Corporation Act, 1961
Act No. 47 of 1961
[7th December, 1961.]
An Act to provide for the establishment of a corporation for the purpose of insurance of deposits 2[and guaranteeing of credit facilities] and for other matters connected therewith or incidental thereto.
BE it enacted by Parliament in the Twelfth Year of the Republic of India as follows:
1.The Act has been extended to Goa, Daman and Diu (with modifications) by Reg. 12 of 1962, s. 3 and Schedule and to Pondicherry by Reg. 7 of 1963, s. 3 and First Schedule.
2. Ins. by Act 21 of 1978, s. 8 (w.e.f. 15-7-1978).