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HomePersonal FinanceBank News: Will there be a heavy penalty for keeping accounts in...

Bank News: Will there be a heavy penalty for keeping accounts in two banks? The government gave this answer

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PIB Fact Check: A post is viral on social media, in which it is claimed that now a fine will be imposed for keeping an account in more than one bank. The Press Information Bureau has called this claim completely fake.

In today’s time, people have a bank account. To take advantage of the schemes of the central and state governments, it is also necessary to have a bank account. Many people keep accounts in more than one bank. Meanwhile, a message is going viral on social media that according to the new guidelines of the Reserve Bank of India (RBI), now a fine will be imposed for keeping an account in more than one bank.

Press Information Bureau i.e. PIB, the press agency of the Government of India, has told the truth of this viral message. PIB has tweeted cautioning people, “In some articles, this misconception is being spread that according to the new guidelines of the Reserve Bank of India, now a fine will be imposed for keeping an account in more than one bank”

The government called the claim fake

PIB has called this claim completely fake. The agency said that the Reserve Bank of India has not issued any such guidelines.

Complain about misleading news here

You can also take the help of PIB Fact Check to know any misleading news related to the government. Any person can send a screenshot, tweet, Facebook post or URL of misleading news to PIB Fact Check on WhatsApp number 8799711259 or mail it to factcheck@pib.gov.in.

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Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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