Daily Mail India
Daily Mail India

Fact Check: Is Bank of China about open branch in India amidst Ladakh standoff? Know truth here

New Delhi: Due to the India-China border dispute, tensions between the 2 nations are always rising.

Meanwhile, many pretend information are additionally going viral on social media. In a social media publish, it’s being claimed that the Reserve Bank of India (RBI) has given the license to open the Bank of China branch in India amidst border rigidity in each nations.

A display shot of ANI’s tweet was additionally connected to this Facebook publish. After this information went viral, it was investigated about its truth. Earlier too, there was a chat of the Indian hackers web site DPIIT being hacked by Chinese hackers.

In this tweet of ANI it was written, ‘Reserve Bank of India has issued a license to open a branch in India to Bank of China’.

According to a information report revealed in India Today, this tweet by ANI is 2 years previous which was used through the present border wrestle. Bank of China opened its first Indian branch in Mumbai in June final 12 months. The Reserve Bank of India had issued a license to Bank of China in 2018. In this publish, the consumer has merged and edited a number of posts.

On July 4, 2018, the information company ANI had tweeted that the RBI has issued a license to the Bank of China to function in India. This information was additionally revealed in Hindustan Times on July 4, 2018. Bank of China branch was opened in Mumbai in June 2019, whose license was issued two years in the past.

On this foundation, persons are spreading this pretend information. Actually an internet site referred to as China Banking News revealed a information report on June 9, 2020. The headline was ‘Bank of China Obtains License to Operate in India’.

On the premise of the headline, individuals began spreading this info on social media.

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