• search
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

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.

False: Banks and its branches will not be closed during the lock down

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

    NEWS AT 3 PM, MARCH 27th, 2020

    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.

    For Daily Alerts
    Get Instant News Updates
    Enable
    x
    Notification Settings X
    Time Settings
    Done
    Clear Notification X
    Do you want to clear all the notifications from your inbox?
    Settings X
    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more