RBI warns against fraudulent 'All Bank Balance Enquiry No' app

Mumbai: Cautioning public against a fraudulent bank account mobile app in its name, the Reserve Bank of India had on Saturday said it has not developed any such application.

In a statement, the Reserve Bank said that it has come to its notice that an app (application) "is doing rounds on WhatsApp purportedly to facilitate checking of balance in customers' bank accounts".

The 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, it further 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," the release added.