RBI warning against ‘All Bank Balance Enquiry’ app

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Mumbai: Cautioning public against a fraudulent bank account mobile app in its name, the Reserve Bank said it has not developed any such application. Reserve Bank noticed, there has come an app (application) Which is doing rounds on WhatsApp purportedly to facilitate checking of balance in customers’ bank accounts. Moreover,this 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. So in a statement RBI clarifies that it has not developed any such application and advise not to use this application. “The Reserve Bank wishes to clarify that it has not developed any such application. Members of public are, therefore, advised to use the application, if at all, at their own risk,” the release added.

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