Bank of Maharashtra approaches Pune police cyber crime cell over spreading of fake news

Bank of Maharashtra (BOM) registered a complaint with the Pune police cyber crime cell on Tuesday against social media messages questioning the economic stability of the bank.

The bank has written to the Reserve Bank of India (RBI) to adjust past accounts with the help of money in saving accounts of their customers, according to a statement by the bank. “Even if the bank had not done so, the economic condition of the bank will remain stable, consistent and strong,” translates a part of the statement which was released by Bank of Maharashtra on Wednesday. The message about instability in the bank has no truth to it, according to the statement issued by the bank.

“The bank’s capital is in a good condition and enough as per the rules. The bank has more than 27 million customers and is growing stronger,” the statement read.