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VIDEO INTRODUCTION:
Did you ever notice, that in 2022 while banks all across the world were failing, not a single Indian bank failed or faced a crisis!!
Infact, our banks were growing at a staggering rate during the exact same time!! But you know what?? India’s banks were not always so robust!! And you would be shocked to know that, there was time when Indian banks used fail like a house of cards! Infact, after the 2008 crisis, along with all the scams, India was also witnessing a banking crisis!! And all of this came to surface in 2018 with the Punjab national bank crisis!! And this is where ladies and gentlemen, a very important chapter of the Indian economy was written by the reserve bank of India!!! So the question is suddenly from 2018 to 2024 how did we go from facing a banking crisis to becoming an expert in avoiding a banking crisis? While so many banks all across the world failed how did Indian banks stand stong even during the pandemic and the global economic crisis?? And what on earth does the reserve bank of India do to protect your money??
