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RBI to shut down banks Corporation, UCO, IDBI & 9 others is fake

News Claim: Messages are circulating on various social media platforms that nine banks will be closed down permanently by the RBI with appeals to the public to withdraw their money from them

Important Information.

Nine banks will be closed permanently by the Reserve bank of India. If anybody having transactions in it please kindly withdraw it.

 IT MAY BE A HOAX, don't know. Please check.

Nine banks will be closed permanently by the Reserve bank of India. If anybody 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

 

Facts Check: False

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Facts Check Analysis: The message is viral since 2017; Ayupp verified the news when it was viral back then. 

Rumor about nine banks to be closed permanently by RBI is fake 

The RBI has rebutted to the same fake news viral again in 2019. The Reserve Bank of India said that, “no commercial banks are going to be shut”. 

"Reports appearing in some sections of social media about the RBI closing down certain commercial banks are false," the central bank said in a statement.

The RBI said, “Reports appearing in some sections of social media about RBI closing down certain commercial banks are false.”

Rajeev Kumar, Finance Secretary cum Secretary Department of Financial Services(DFS),Min of Finance, Gov. of India. 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”

  

Out of the false information shared on the social media 4 of these list from the 9 banks has already been merged with larger banks.

Vijaya Bank and Dena Bank have been merged into the Bank of Baroda

Andhra Bank, United Bank Of India and Corporation Bank will soon be merged into larger banks.

Rumor about nine banks to be closed permanently by RBI is fake

Nine banks will be closed permanently by Reserve bank of India. If anybody having transactions in it please kindly withdraw it. eRumor made by - Internet and social media Confirmation by Ayupp.com - FAKE/Spam More Samples - Important Information. Nine banks will be closed permanently by Reserve bank of India.