New Delhi: "Reports appearing in some sections of social media about RBI closing down certain commercial banks are false.," Reserve Bank of India said Wednesday in a brief Twitter message.
Rajiv Kumar,Secretary, Department of Financial Services, Ministry of Finance, Government of India also tweeted " 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 @FinMinIndia @PIB_India ".