False: Banks and its branches will not be closed during the lock down
New Delhi, Mar 27: There is a rumour floating that bank branches will be closed. The message has been circulated several times on the social media and also forwarded on WhatsApp.
However there is no reason to believe these rumours. Customer service bank branches are operational and will continue to provide services even during the lockdown, the Press Information Bureau has said.
Earlier in the day, Reserve Bank of India Governor, Shaktikanta Das said that there was no need for customers to indulge in panic withdrawals.
Das said that the Indian banks are safe and there is no need to resort to panic withdrawals. He said that the RBI has infused Rs 2.7 lakh crore into the system since the last February policy meet. The RBI will continue to vigilant and also take steps necessary to mitigate the impact of the coronavirus.
Fake: RBI did not reset its financial year due to coronavirus
Recommended Video
He
also
said
"tough
times
do
not
last.
Only
tough
people
and
tough
institutions
do."
Das
said
that
the
RBI
has
permitted
all
commercial
banks
and
NBFC
allow
a
three
month
moratorium
on
payment
of
instalments
of
all
term
loans.