September 27, 2021
Business

KYC scam | RBI cautions customers against KYC updating scams


RBI cautions customers against KYC updating scams&nbsp | &nbspPhoto Credit:&nbspPTI

New Delhi: The Reserve Bank of India (RBI) on September 13 cautioned the public against fraud related to Know Your Customer (KYC) documents with unidentified persons or agencies.

The central bank warned against sharing account login details, personal information, copies of KYC documents, card information, PIN, password, OTP, etc. with unidentified persons or agencies.

The central bank further advised that such details should not be shared through unverified or unauthorised websites or applications.

“In case they receive any such requests, customers are requested to get in touch with their bank/branch,” the RBI said.

The RBI advisory is against the backdrop of various complaints and reports about customers falling prey…

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