 "Depositors should be careful while chasing high returns: Governor Das")
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.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)