RBI rebuts social media rumours on closure of 9 banks https://ift.tt/2naHVEP - Walletnews For Me

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Wednesday, September 25, 2019

RBI rebuts social media rumours on closure of 9 banks https://ift.tt/2naHVEP

Rebutting social media rumours swiftly, the Reserve Bank of India (RBI) on Wednesday said no commercial banks are going to be shut. Finance secretary Rajiv Kumar discribed such social media messages as "mischievous" saying the government was in process of strengthening public sector banks by infusing capital in them.
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