I know zerodha is a company having Rs.500 crore + . But ; zerodha keep those money and the clients money within the bank ! ===== What will happen if that bank go bust?

General
1

I know zerodha is a company having Rs.500 crore + .
But ; zerodha keep those money and the clients money within the bank !

What will happen if that bank go bust ?

2

If bank goes bust then we can take a scenario where the world is in a mess, all the economies are ruined, markets will be tanked. This can happen but the probability of happening is very very tiny, I believe.This can be considered as black swan event.

3

Depends on the bank.

if its a small coop bank , chances of going bust are high these days.

if its a large bank like SBI or HDFC, not likely but possible someday. One can never tell for sure.

4

I know brother .
But the question is : if the zerodha’s bank goes bust ;;; what could happen to the clients of the zerodha ?

5

I think Zerodha is using HDFC. One of the largest bank. So chances are minimal.

But better Zerodha confirms it.

6

Is there any sebi rules as to which bank to choose ;; e.g. co.op.bank can not be used etc etc
?