Internet Rumours

[SPAM] Nine Banks Will Be Closed Permanently By RBI

It’s an exaggerated or highly misinformed post saying nine banks to be closed by July. Please find more details at the verification section of this article.

[SPAM] Nine Banks Will Be Closed Permanently By Reserve bank of India

It’s an exaggerated or highly misinformed post. Please find more details at the verification section of this article.

Post Information:

Below post has been circulating on social media

Nine banks will be closed permanently by Reserve bank of India. If any body having transactions in it please kindly withdraw it.
The names of the bank’s 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


Verification:

It’s an exaggerated or highly misinformed post. More info at the links below.

Video Exaggerates 9 Public Sector Banks Could Collapse Because Of Bad Loans: A FactCheck
boomlive.in | 13 July 2017

Related media report:
PSU banks face RBI corrective action, curbs on operations
indianexpress.com | May 30, 2017

RBI Clarification on Banks under Prompt Corrective Action
RBI | Jun 05, 2017


A related June 2017 article from Check4Spam

https://check4spam.com/internet-rumours/big-public-sector-banks-collapse-july-spam/


Post Date: 14th July 2017

Post ID: #68771

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