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Shaktikanta Das, RBIBanking & Finance

RBI Re-Assures Safety of Public Money in Indian Banks

The RBI further said that concerns about the safety of deposits in banks are based on a flawed analysis. "Concern has been raised in certain sections of media about the safety of deposits of certain banks. This concern is based on analysis which is flawed. Solvency of banks is internationally based on Capital to Risk-Weighted Assets (CRAR) and not on market cap," the central bank said in a tweet.

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