Alert for SBI, ICICI, HDFC, and other Banks Customers:
Alert for SBI, ICICI, HDFC, and other Banks Customers. Also an important note for LIC policyholders. TRAI brought in new rules. These will come into effect from April 1. Some iconic banks are not following these yet.
State Bank of India, the largest bank in the country, Do you have an account with SBI, HDFC Bank, a private sector giant, or ICICI Bank, another leading private sector bank? If you have, you must know one thing for sure.
Telecom regulator TRAI has recently released a list of defaulters. This includes all the banks mentioned above and yet LIC is also on the list. All these banks are not following the SMS rules yet. TRAI’s new SMS Rules will take effect from April 1. In the meantime, all companies and banks will have to follow the new rules. Otherwise, the customers may not receive SMS from the bank. Under the new rules, telecom companies will block SMS from banks. Already TRAI has asked all agencies and departments of the Central and State Governments, including RBI, SEBI, and IRDAI, to follow the new SMS Rules. This means that all these companies have to register their SMS templates with the telecom operators. TRAI is bringing in new rules to prevent spam messages and reduce online scams.