The most affected people of this pandemic or those withdrawing their funds to banks are basically living under middle class. They need money to sustain their needs, having no choice but to withdraw their savings to survive in this unfortunate situation.

But well-off people are still keeping their assets in banks because money is not a problem. Even this pandemic exist for months they are less affected and can stay at home and not starving. Thats how it goes here, it doesnt mean people are losing trust to centralized organizations  its just that they have no choice.