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Economy

How safe are your bank deposits? Say no to rumours; say yes to history

Updated : October 09, 2019 10:35 AM IST

In case of a weak bank, the RBI has many options. It can take the bank under PCA, something which it hasn’t done to Yes Bank clearly because that bank is not so weak.
The RBI can extend liquidity support to a bank, if it is convinced the problem is not one of solvency.
How safe are your bank deposits? Say no to rumours; say yes to history

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