RBI cautions general public against incidents of frauds and cyber threats; issues detailed guidelines for safe digital banking / payment transactions

In view of the rising cases of fraud with the help of innovative modus operandi including media techniques, mobile phones calls etc, Reserve Bank of India (“RBI”) has warned the public regarding the use of various types of modus operandi by the fraudsters and rolled out detailed guidelines to be followed by the public in order to ensure safe digital banking.

We will be sharing a detailed summary on this shortly.

Source: Reserve Bank of India