Just a day after the Reserve Bank of India (RBI) imposed withdrawal restrictions on Punjab & Maharashtra Co-operative Bank (PMC) for six months, the social media is flooded with rumours that the central bank is shutting down 9 commercial banks. “Reports appearing in some sections of social media about the RBI closing down certain commercial banks are false,” the RBI took to Twitter to issue the clarification.
Finance Secretary Rajiv Kumar said such rumours are /mischievous’ in nature as there is no question of closing public sector banks, on which people have a lot of faith. He pointed out that the government is instead strengthening state-run banks with reforms in capital infusion.
“There are mischievous rumours on Social Media (picture below) about @RBI closing some banks. No question of closing any #PSB, which are articles of faith. Rather Govt is strengthening PSBs with reforms and infusion of capital to better serve its customers,” Kumar tweeted.
In the false message being circulated on various social media platforms, it is being appealed to the public to withdraw their money from them.
“Nine banks will be closed permanently by Reserve Bank of India. If anybody having transactions in it please withdraw it. The names of the banks are Corporation Bank, UCO Bank, IDBI, Bank of Maharashtra, Andhra Bank, Indian Overseas Bank, Central Bank of India, Dena Bank and United Bank of India. 9 banks going to be close if u guys have any account in this banks so please immediately safe ur cash and forward this msg to all. Order by Supreme Court (Sic),” reads the fake message.
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