NEWS & ADVICE : PERSONAL LOAN
RBI says frauds and dubious offers have risen in 2 years
By Vaibhav Aggarwal
Sep 6, 2010
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Banking regulator, Reserve Bank of India has said that there has been considerable rise in fraudulous emails, mobile phones and SMS in the past two years even after regular awareness generated by RBI on this issue.

"Such fictitious offers had increased in the last two years," RBI general manager C L Nag said.

Nag however did not give an exact count of the number of complaints received regarding these fraudulous measures by phishers. He said that majority of these complaints were of informal nature.

He said that the RBI has issued continuous circulars in this matter since the year 2000 and the public has been continuously warned of these scams.


 


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