Covid-19 scare: Depositors withdraw Rs 53,000 crore cash in 15 days - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Covid-19 scare: Depositors withdraw Rs 53,000 crore cash in 15 days

Cash withdrawals from banks hit a 16-month high when the public withdrew Rs 53,000 crore during the fortnight ended March 13, according to the data released by the Reserve Bank of India (RBI). Such huge cash withdrawals are seen only during festivals or elections.

from Industry-Economic Times
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