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FACT CHECK: Photos of crowds outside Bank of Baroda UAE branch after CEO’s statement on Adani?

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A photo of a long queue outside a Bank of Baroda (BoB) branch in the United Arab Emirates (UAE) has surfaced on the internet as customers are allegedly closing bank accounts after the bank’s chief executive said BoB would continue to close them. Lend money to industrialist Gautam Adani.

The statement in Hindi read: “Following the announcement of the loan to Adani…a long queue was formed outside Baroda Bank across the United Arab Emirates to close the account…!!
The photo is from Al Ain…”

You can see the above post here.

fact check

NewsMobile fact-checked the above claim and found it to be misleading.

After running a keyword search on Google using relevant keywords, we found a document dated February 27, 2023on the newswire, ANI quoted the Bank of Baroda’s statement above.

Digging further, we find that BoB’s statement on its official Twitter handle is outdated February 26, 2023. The bank will close its Al Ain branch in Abu Dhabi on March 22, 2023, subject to the approval of Bank of the Emirates, the bank said in a statement.

“A year ago, Baroda Bank took the commercial decision to close its branch in Al Ain, UAE and has received approval from the Central Bank of the UAE. According to a customer notification dated 20 January 2023, the Al Ain branch in UAE will be closed on March 22, 2020,” the statement read.

The statement further urged not to believe rumors on social media.

Meanwhile, NewsMobile found no reports of bank accounts being closed over the Adani-Hindenburg dispute.

The above findings prove that photographs of crowds outside BoB’s Abu Dhabi (UAE) branch, Al Aim, are falsely linked to the Adani-Hindenburg dispute.

If you want to fact check any of the stories, please call +91 11 7127 9799 WhatsApp now

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