Warning Against Fake Banking Apps: RBI
Reserve Bank of India warned customers to be careful in downloading fraudulent banking applications. RBI suggested that it should be checked whether the app is a genuine one launched by the concerned bank or not. It was made clear that the not famous ’All Bank Balance Inquiry’ app that tells the balance available in one’s account or none other banking app is designed RBI. The clarification is made as it came to RBI’s notice that an app that has become popular on whatsapp and facebook under RBI’s logo.