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    HomeNewsBusinessPersonal FinanceUnderstanding safety of bank deposits

    Understanding safety of bank deposits

    When we open a bank deposit account, we assume that money deposited in the bank account is safe and will not have any issue in terms of getting the principal and interest back. This means that we assume that banks deposits are sound and safe.

    July 18, 2012 / 13:11 IST
    first published: Jul 18, 2012 12:32 pm

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