India’s largest public sector bank SBI has alerted its customers. The bank tweeted today that how can you become a victim of fraud if you come in the name of KYC through SMS or mail and your deposit disappears in a jiffy.
State Bank of India from its official Twitter handle. Tweeted, “Here’s an example of #YehWrongNumberHai, KYC fraud. Such SMS can be fraud and you can lose your savings. Don’t click on embedded links. SBI check proper short code while receiving SMS. Be careful Stay tuned. The last #SafeWithSBI Bank Account Update KYC date was March 31, 2021. The last date for updating KYC has been extended by RBI till March 31, 2022 in view of the Omicron version of Corona.
Earlier, the Central Board of Indirect Taxes and Customs (CBIC) on Thursday warned the public that sharing of Aadhaar and PAN details without valid reason or without any financial benefit can lead to fraud. CBIC in a tweet said that Aadhaar and PAN details can be used to create a fake entity for GST evasion and hence people should refrain from sharing it without any valid reason.
Sell, “Protect your personal data, which can be misused to create a fake entity for GST evasion,” the CBIC wrote on Twitter. Over the years, the Goods and Services Tax (GST) authorities have busted several bogus companies that were used to cheat Input Tax Credit (ITC) by creating fake invoices without actual supply of goods.
