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Whatsapp and other networking sites are circulating a message about closure of public sector banks which is become viral lately. The message reads that the Reserve Bank of India (RBI) is going to shut down 9 government banks in July due to “excess loans not recovered”. Those people who have accounts in these banks should withdraw their money immediately, the message warns. People are panicking and want their money to be safe. According to the viral message if an account holder does not withdraw his/her money, it can get seized.
The viral message claims: “RBI has ordered that from July 31, UCO Bank, Corporation Bank, IDBI, Bank of Maharashtra, Andhra Bank, IOB, Central Bank of India, Dena Bank and United Bank of India will be closed.
Given Below is a Copy of the Message
A different messages being actively shared in Facebook also claims that 9 banks have been ordered to shut down by the Supreme Court of India.
Googlevirals took this viral message as a serious concern and tried to get a reality check of this message.
By searching the RBI website and the supreme court website, we could not find any such information. When we called the head offices of these Banks and the Managers, they clarified they have no such notification issued to them by either RBI or the Supreme Court.
RBI spokesperson Jose Kattur told a newspaper that message related to closure of banks are absolutely fake. No such order has been issued by the RBI and the government. There is no such planning ahead. All these banks will continue to run and the money deposited in these banks is completely safe. Therefore, account holders should not panic or believe in such fake messages.
So the Truth is all 9 banks (UCO Bank, Corporation Bank, IDBI, Bank of Maharashtra, Andhra Bank, IOB, Central Bank of India, Dena Bank and United Bank of India) shall remain open and the message circulating on Whatsapp about their closure is absolutely false. Even the Finance Ministry confirmed this calling the messages ridiculous and baseless.