RBI’s April 1 Reset: Why Banks are Pushing FDs Over Savings Accounts to Stop ‘Bank Runs’

As of April 1, 2026, the Reserve Bank of India (RBI) has enforced strict new Liquidity Coverage Ratio (LCR) norms, effectively placing a safety tax on money that can be moved instantly via UPI and mobile apps. The move is a direct response to the global rise of “Digital Bank Runs

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