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EquityWireRBI cautions public against fraudulent activities in its name

RBI cautions public against fraudulent activities in its name

This story was originally published at 21:18 IST on 29 August 2024
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Informist, Thursday, Aug 29, 2024

 

MUMBAI – The Reserve Bank of India cautioned the public against fraudulent activities using its name. In a press statement, the central bank advised the public not to respond to people or entities using its name, and to report such incidents to law enforcement agencies.

 

Use of fake letterheads and email addresses of the RBI, impersonation as employees of the RBI, intimidation tactics, and fake RBI accreditation are some of the modus operandi used by fraudsters, the press release said.

 

The central bank said no one should share digital banking information with unidentified persons, and to refer to the list of its regulated entities on the RBI website.  End

 

Reported by Ashna Mariam George

Edited by Rajeev Pai

 

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