Clarification needed from RBI: Is 100% repayment of deposits guaranteed?

I wonder even in the case of nationalised banks whether a 100 per cent repayment of deposits is guaranteed

This refers to "YES Bank gets 60k crore line of credit from RBI" (March 19). The article quotes Reserve Bank of India (RBI) Governor Shaktikanta Das as saying: "Never in the history of banks (in India) have depositors lost money…” The point made is that depositor's money is absolutely safe. This may mislead gullible public to deposit money in a bank, irrespective of its financial health. I remember that during the Second World War, numerous banks mushroomed all over the country and in the post-war period, almost all of them became defunct causing depositors to lose their money. Only a