KYC updation: RBI cautions against fraud

September 13, 2021 17:23

Banking regulator Reserve Bank of India (RBI) on Monday cautioned people not to share account login details, personal information, copies of KYC documents, card information, PIN, password and OTP with unidentified persons or agencies.

"Such details should not be shared through unverified/unauthorised websites or applications. In case they receive any such requests, customers are requested to get in touch with their bank/branch," said the RBI. The central bank has been receiving complaints about customers falling prey to frauds being perpetrated in the name of KYC updation.

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