MUMBAI, INDIA: The Reserve Bank of India (RBI), the apex financial institution of the country has issued a statement warning the people against accessing their bank accounts from a WhatsApp application.
"We have developed no such application," RBI said in a statement. "But we have noticed that an application is doing the rounds on WhatsApp to faciliate checking of balanace in customers' bank accounts."
What makes the application believable is the RBI logo and the title All Bank Enquiry Number No.
The apex bank has cautioned customers and said, "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."