RBI Governor cautions depositors to be careful while chasing high returns

Reserve Bank of India (RBI) Governor Shaktikanta Das 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.