This document is the official text of the Deposit Insurance and Credit Guarantee Corporation (Amendment) Act, 2021, published in The Gazette of India. It details amendments to the original 1961 Act, introducing provisions for interim payments to depositors in case of bank directions or prohibitions. The Act also clarifies the Corporation's liability and payment timelines, and includes amendments to sections concerning insurance, liability, and repayment. This is crucial for banks, depositors, and legal professionals involved with deposit insurance in India.
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