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Yes Bank files complaint against 'fake news', attempt to scare depositors

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Yes Bank police complaint alleges fake news about its finances.

Press Trust of India New Delhi
Yes Bank on Sunday said it has file a police complaint against "fake news and rumours" on social media about its finances, saying there was an attempt to scare depositors.

The bank complained to the Mumbai Police's cyber cell after its promoters cut their stake and the company's shares took a beating at stock exchanges.

"Yes Bank has lodged a complaint with Mumbai Police and Cyber Cell against the dissemination of fake news and spread of rumours about the bank's financial health on WhatsApp and other social media platforms," the bank said in a regulatory filing.

It requested authorities to