RBI clarified on the news of closure of public sector banks.

Last Updated: 22 December, 2017, 17:27 PM By: Shortheadline
RBI clarified on the news of closure of public sector banks.

The RBI has cleared the rumors after the Reserve Bank of India deposited several banks, including Bank of India, into the list of Prompt Action active Action. In the ongoing media reports, 9 government banks, including Bank of India, we're going to shut down. Rbi said clarifying that there will be no impact on the normal functioning of banks. RBI has come to know about many wrong reports on many other platforms including social media, in which some government banks have been told to close. Such reports are being given about prompt action-related action, but this is wrong.

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First Published: 22 December, 2017, 17:26 PM
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