Financial calls to reduce 1600 and 1400 official numbers

According to the RBI's latest directive, banks are now only permitted to use phone numbers that start with 1600 for all transaction-related calls. In other words, if you receive a call claiming to be about a transaction or any other financial matter, it should only come from a number beginning with 1600. This measure will help individuals steer clear of scam calls where fraudsters pretend to be banking representatives.

Moreover, the RBI has also designated a phone number series starting with 140 specifically for marketing calls and SMS notifications to customers. So, if a bank is genuinely offering you services like personal loans, credit cards, or insurance, you can expect those communications to come from numbers starting with 140. more  

View all 6 comments Below 6 comments
If implemented diligently by all the commercial banks, it may ne a boost in controlling the cyber frauds. more  
Another topic. Now you can nominate upto 4 persons. But Banks says they have no knowledge of the new law. more  
they hould decide one self for all itself sometime 140 then 1600 then someting else how much are people going to remember ? citizen has to feed families first right or wrong? infact server down , phone hang , kharab should mean lack of service provider automatically and ways to give incomes to citizen and voter to bank not increase their expenses specially unnecessary ones? what use of technology - just to increase problems or ??? more  
Yes, definitely it's a good step. It should be implemented at the earliest. more  
Still have to see a bank call starting with 1600 more  
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