The amount parked by banks in the Reserve Bank of India's SDF window has fallen significantly, driven by VRRR auctions, with the call rate aligning closer to the repo rate
Further, the investigating officer has been directed by the Special Court to submit its report as early as possible, preferably within 40 days from the order date without fail
Some commentators have suggested that the Financial Resolution and Deposit Insurance Bill would take depositors' money to bail out banks and therefore, deposits are not safe