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▼ Bearish for Indian equities
AI agents could drain cheap bank deposits, Apollo's Torsten Slok warns
The brief
- AI agents could move household cash from low-interest checking accounts to higher-yield alternatives
- Apollo's Torsten Slok warns this could trigger a bank run
- Deposit flight could pressure Indian banks’ funding and liquidity, particularly private banks
- RBI may shift govt borrowing towards shorter tenures in H2
- FD interest rate rules to change from October 1: Key changes explained
- Bank deposits, credit shrink in fortnight to September 15
- Result of the 3-day Variable Rate Reverse Repo (VRRR) auction held on September 25, 2026
- Banks to deploy excess liquidity over next few months: RBI DG