Highlights

  • RBI Governor warns: depositors should be careful while chasing high return
  • High risk possible while chasing high return: Das
  • RBI committed to keeping banking sector robust and resilient: Das

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RBI Governor warns: depositors should be careful while chasing high return

RBI Governor warns depositors to be careful while chasing high return as it comes with higher risk 

RBI Governor warns: depositors should be careful while chasing high return

Reserve Bank of India (RBI) Governor Shaktikanta Das on Sunday cautioned depositors to be careful while chasing high returns as it comes with higher risk.

Das said high returns come with higher risk, so depositors should be discerning enough while chasing returns.

Speaking at the 'Depositors First: Guaranteed Time-bound Deposit Insurance Payment up to Rs 5 lakh', he said the RBI remains committed to ensuring that the banking system remains robust and resilient.

Also Watch: RBI Governor Shaktikanta Das: rising cyber attacks a risk to economy

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