AMN / NEW DELHI
Reserve Bank of India has categorically rejected the reports appearing in some sections of social media about RBI closing down certain commercial banks. Reserve bank in a tweet said that these are false reports.
Finance Ministry also today denied rumours on social media about RBI closing some banks.
In a tweet, RBI and Finance Secretary Rajeev Kumar said there is no question of closing any Public Sector Bank, which are articles of faith.
He said, rather government is strengthening public sector banks with reforms and infusion of capital to better serve its customers.