Circular Claiming RBI Cancelled Abhyudaya Co-op Bank's Licence Is Fake
By Srijit Das A notification purportedly issued by the Reserve Bank of India (RBI) is being shared online to falsely claim that the central bank has decided to revoke the licence of Abhyudaya Co-operative Bank on October 12 this year. The false claims are being disseminated alongside an alleged screenshot of RBI's website and a news bulletin from Hindi mainstream news channel AajTak. The notification, falsely attributed to the RBI spokesperson Yogesh Dayal, states, "Today, the Reserve Bank of India (RBI), vide order dated October 12, 2023, has cancelled the licence of Abhyudaya Co-operative Ba...