Due to illegal note exchange, AXIS bank license going to cancel. This viral truth is spread everywhere. RBI explained about this rumour. Some branches of bank in Delhi, exchanged the notes unlawfully. Government has arrested the bank employees involved in this racket of illegal not exchange.
Due to illegal old 500 and 1000 notes exchange, RBI is going to cancel the licence of AXIS bank soon, please close your bank accounts in AXIS bank and withdraw all money as soon as possible.This message is spread everywhere and people are really getting worries now due to this RBI’s declaration.
But RBI explained that this is rumour, we’re not going to cancel the license of AXIS bank.
“The Reserve Bank clarifies that it has not initiated any action to cancel the banking licence of Axis Bank in the wake of certain allegations about some serious irregularities in transactions relating to deposit/exchange of Specified Bank Notes in a few branches of the bank,”.
AXIS Bank’s illegal Note Exchange Racket
Due to unlawful old currency exchange, ED has arrested around 19 employees of bank.
AXIS bank called the KPMG for forensics audit of this illegal note exchange.
Out of 19 arrested employees, 6 are from Delhi’s Kashmir Gate bank. Bank and government is going to take strict action on them, we’re not going to give them any excuse, bank manager explained in report.
3 kilogram gold also found with those two officers.