RBI: Not shut­ting down any bank

The Times of India (New Delhi edition) - - Times Sport -

Amid the PMC bank cri­sis, RBI has de­nied ru­mours on so­cial me­dia that more banks are in trou­ble. “Re­ports ap­pear­ing in some sec­tion of so­cial me­dia about the RBI clos­ing down cer­tain com­mer­cial banks are false,” it said. The fi­nance min­istry also is­sued a clar­i­fi­ca­tion. “There are mis­chievous ru­mours of RBI clos­ing some banks,” said Ra­jeev Ku­mar, sec­re­tary, de­part­ment of fi­nan­cial ser­vices.

Newspapers in English

Newspapers from India

© PressReader. All rights reserved.