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RBI warns against balance checking app
Cautioning public against a fraudulent bank account mobile app in its name, the Reserve Bank has said that it has not developed any such application. The RBI on Saturday warned the general public against using the application allowing a person to check balances in various bank accounts
Chennai: Cautioning public against a fraudulent bank account mobile app in its name, the Reserve Bank has said that it has not developed any such application. The RBI on Saturday warned the general public against using the application allowing a person to check balances in various bank accounts. In a statement, the Central Bank said that it has come to its notice that a software application is doing rounds on WhatsApp purportedly to facilitate checking of balance in customers' bank accounts.
The software application has the RBI logo on it with the title 'All Bank Balance Enquiry No' and has listed several banks with either mobile number or call centre number. "The Reserve Bank wishes to clarify that it has not developed any such application. Members of public are, therefore, advised to use the application, if at all, at their own risk," RBI said.
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