You might have heard about YES bank's troubles and RBI stepping in. From what I hear, the bank's customers are limited to Rs 50,000 per month per account (Rs 5 lakhs for emergencies) in withdrawals until further notice. Apparently, this whole thing is due to bad management and unrecoverable loans.
In light of this - do you know how your current bank is doing? With respect to management and lending policies? Do they have risky loans or large non performing assets (NPAs)?