"Mischievous Rumours": No Question of Closing Any Bank, Tweets RBI ndtv.com

Authorities are scrambling to suppress speculation about bank closures a day after the regulator imposed restrictions on a local lender, the latest indication of how jittery savers are amid a slowing economy and scandals in the financial system.
"Reports appearing in some sections of social media about RBI closing down certain commercial banks are false," the Reserve Bank of India said in a terse Twitter message on Wednesday.