Home India Ministry of Finance Nomination of Director on the Board of DICGC in terms of Sec...
Date: 2025-10-24 Category: Extra Ordinary State: Union Government Country: India

Nomination of Director on the Board of DICGC in terms of Section 6 (1)(c)

Issued by Ministry of Finance · Department of Financial Services

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Executive Summary & Key Takeaways

The Ministry of Finance (Department of Financial Services) issues Notification S.O. 4837(E) on October 22nd, 2025, in New Delhi. Exercising the powers conferred by clause (c) of sub-Section (1) of section 6 of the Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961), the Central Government nominates Dr. Abhijit Phukon, Economic Advisor, Department of Financial Services, as a Director on the Board of Directors of the Deposit Insurance and Credit Guarantee Corporation (DICGC) with immediate effect and until further orders, replacing Shri Pankaj Sharma. The notification reference number is F. No. 08/01/2023-BO.II and is issued by Manasa Gangotri Kata, Director. It is published in the Gazette of India as registration number D. L.-33004/99 on Friday, 24 October, 2025/Kartika 2, 1947.

Key Entities Referenced

Deposit Insurance and Credit Guarantee Corporation Act, 1961: The governing legislation that empowers the Central Government regarding the Deposit Insurance and Credit Guarantee Corporation. Deposit Insurance and Credit Guarantee Corporation (DICGC): A corporation whose Board of Directors is being updated via this notification. Ministry of Finance (Department of Financial Services): The issuing ministry/department for this notification. New Delhi: Location where the notification was issued.
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रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99 सी.जी.-डी.एल.-अ.-24102025-267091 CG-DLxx-ExG-2ID41H0x2x0x 25-267091 xxxGIDExxx असाधारण EXTRAORDINARY भाग II—खण् ड 3—उप-खण्ड (ii) PART II—Section 3—Sub-section (ii) प्राजधकार स ेप्रकाजित PUBLISHED BY AUTHORITY स.ं 4693] नई दिल्ली, िुक्रिार, अक्त बू र 24, 2025/कार्तिक 2, 1947 No. 4693] NEW DELHI, FRIDAY, 24 OCTOBER , 2025/KARTIKA 2, 1947 जित्त मत्रं ालय (जित्तीय सिे ाएं जिभाग) अजधसचू ना नई दिल्ली, 22 अक् तूबर, 2025 का.आ. 4837(अ).— जनक्षेप बीमा और प्रत्यय गारंटी जनगम अजधजनयम, 1961 (1961 का 47) की धारा 6 की उप- धारा (1) के खंड (ग) द्वारा प्रित्त िजियों का प्रयोग करते हुए केंद्र सरकार एतद्द्वारा श्री पंकि िमाा के स्ट्थान पर तत्काल प्रभाि से और अगले आिेि तक डॉ. अजभिीत फुकॉन, आर्थाक सलाहकार, जित्तीय सेिाएं जिभाग को जनक्षेप बीमा और प्रत्यय गारंटी जनगम (डीआईसीिीसी) के जनिेिक मडं ल में जनिेिक के रूप में नाजमत करती ह।ै [फा. स.ं 08/01/2023-बीओ.II] मानसा गंगोत्री काटा,जनिेिक MINISTRY OF FINANCE (Department of Financial Services) NOTIFICATION New Delhi, the 22nd October, 2025. S.O. 4837(E).— In exercise of the powers conferred by clause (c) of sub-Section (1) of section 6 of the Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961), the Central Government 7080 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] hereby nominates Dr Abhijit Phukon, Economic Advisor, Department of Financial Services as a Director on the Board of Directors of Deposit Insurance and Credit Guarantee Corporation (DICGC) vice Shri Pankaj Sharma with immediate effect and until further orders. [F. No. 08/01/2023-BO.II] MANASA GANGOTRI KATA, Director Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.

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