RBI Clarification

October 01, 2019

RBI clarifies on the safety and stability of the Indian banking system

There are rumours in some locations about certain banks including cooperative banks, resulting in anxiety among the depositors.

RBI would like to assure the general public that Indian banking system is safe and stable and there is no need to panic on the basis of such rumours.

(Yogesh Dayal)    
Chief General Manager

Press Release : 2019-2020/850