Reserve Bank of India is not the richest bank in the world; here’s the fact check

Date:

A picture post is making rounds on social media according to which the Reserve Bank of India has become the world’s richest bank.

It also claimed that RBI has left behind the Central bank of America.

The post read: “रिज़र्व बैंक ऑफ़ इंडिया बना विश्व का सबसे अमीर बैंक. अमेरिका के केंद्रीय बैंक को भी पिछड़ा | मोदी है तो मुमकिन है|”

(Translate: “Reserve Bank of India becomes the world’s richest bank. Leaves US’ central bank behind. It is possible if Modi is there.”)

ALSO READ: Can NRIs vote online in 2019 Lok Sabha Elections?

The above post was shared extensively, at the time of filing this report it was share by over 6,000 people.

FACT CHECK

When we fact-checked the above post we found that the claims made are FAKE.

According to a list of the richest bank, the Industrial and Commercial Bank of China is the richest bank in the world with total assets worth USD 4,009 billion and Reserve Bank of India is not in top 15 spot.

Hence, it is very much clear that the claim made in the above post is false.

If you want to fact-check any story, WhatsApp it now on +91 88268 00707

Error: Contact form not found.

Click here for Latest News updates and viral videos on our AI-powered smart news

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

Popular

More like this
Related

AstraZeneca Withdraws COVID-19 Vaccine Globally Following Rare Side Effect Concerns: Report

Cambridge: Pharmaceutical giant AstraZeneca has announced the worldwide withdrawal...

NewsMobile Morning Brief

Lok Sabha Polls: Phase 3 Records 63.47% Voter Turnout...

Lok Sabha Polls: Phase 3 Records 63.47% Voter Turnout | TOP UPDATES

New Delhi: The third phase of the 18th Lok...

IPL 2024: Khaleel, Mukesh, Kuldeep Shine As DC Win By 20 Runs Against RR

New Delhi: Khaleel Ahmed, Kuldeep Yadav, and Mukesh Kumar...