The Reserve Bank of India (RBI) has warned the public against unscrupulous elements trying to cheat people in various ways by using the name of the central bank in one way or another.
According to RBI, these fraudsters use seductive tactics like fake RBI letterheads and email addresses, impersonating RBI employees and using blackmail tactics through calls, SMS and emails impersonating RBI officials to threaten to freeze/block/deactivate the recipient’s bank accounts and persuade/coerce them to share certain personal details, account/login details/card details, PIN, OTP etc. and/or install unauthorised/unverified applications using links provided in the communication.
The RBI said it has also come across websites and apps purporting to be unauthorised digital lending apps and other financial service providers falsely claiming to be registered with the regulator as NBFCs, lending apps and payment system operators.
