The meaning of Bank Fraud is not hidden from anyone.
In this fraud, fraudsters trap people into doing some action which enables fraudsters to perform unauthorized transactions on people's bank account.
This fraud is in a rise in India. The Reserve Bank of India (RBI) in a report says that banks have lost 71,543 crore rupees in just one year (FY 2018-19) as part of these frauds.
We have alerted people in our previous post about some of the tricks used by fraudsters to trap them.
Click here to go the post.
India's largest bank "State Bank of India (SBI)" has alerted its customers regarding applications present in their mobile phones.
Bank has also given safety tips to its customers to safeguard themselves.
Watch this video to keep your self safe against any trap laid by fraudsters.
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