NEWS & ADVICE : CREDIT CARDS
Bulk banking SMS service banned by Government
By Ankit Sharma
Sep 28, 2010
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The pending verdict of Ayodhya title suit is a cause of alert for the Government owing to which it has put a ban on bulk SMS service by banks. Customers and equity trading account holders have thus stopped receiving all kinds of transaction alerts on their mobiles.

Under normal circumstances, every transaction detail through any means is intimated to the customer via SMS service. But in accordance to the Government’s directive to telecom operators, all bulk SMS services have been banned in the country.

"We would advise you to exercise additional caution in your banking and credit card transactions," HDFC Bank informed its customers.

"We have already written to DoT to relax the ban for essential services. We are yet to hear from them," said COAI Director General Rajan Mattews.

"The Ministry of Communications and Information Technology has today issued orders in consultation with the Ministry of Home Affairs to all Mobile Telecom Service Providers in the country that all bulk SMS and all bulk MMS messages shall remain banned in all service areas till September 30," the Ministry of Communications and Information Technology said in a statement today.


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