Patna -

A bank run happens when many customers withdraw their money at the same time because they fear the bank might fail.

They usually occur due to panic, rumors, or a loss of trust in the bank’s financial strength.

Most banks cannot, since they don’t hold all deposits in cash and may quickly run out of money.

In many countries, deposit insurance covers savings up to a certain amount, so people don’t lose their money.

By keeping deposits within insurance limits and spreading money across multiple banks for extra safety.

Frequently Asked Questions