In its press note dated April 11, 2015 RBI cautions public on ‘All Bank Balance Enquiry’ App. The communique says that it has come to the notice of the Reserve Bank of India that an app (application) is doing rounds on What’s App purportedly to facilitate checking of balance in customers’ bank accounts. The application has an RBI logo with the title ‘All Bank Balance Enquiry No’ and has listed several banks with either a mobile number or call centre number.
The Reserve Bank clarifies that it has not developed any such application. It states that members of the public are, therefore, advised to use the application, if at all, at their own risk.
International Monetary Fund (IMF) is an important financial agency of the United Nations and an…
The SDR (Special Drawing Rights) is an international reserve asset created by the IMF as…
The World Trade Organization (WTO) is an intergovernmental organization established on January 1, 1995, replacing…
The RBI on Thursday said Gurugram-registered TalkCharge Technologies Pvt. Ltd. having its registered office at…
India is on its way to increase its exports by around three times to reach…
India faces substantial challenges in the area of trade policy—the global economic slowdown, increasing protectionism,…