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EMI moratorium fraud: banks asking customers to be alert, not to share OTP with imposters
Asking customers to protect their financial details, Axis Bank said in an e-mail to customers said fraudsters have started a new modus operandi to gain access to banking details.Imposters may contact you to help postpone your EMI payments and request you to share OTP, CVV, password or PIN related to your banking accounts, it said.
“Stay aware! If the details are shared, the fraudster can have unwarranted access to your banking information leading to financial loss. Beware of EMI Moratorium Frauds!,” Axis Bank said.
Caronavirus Pandemic:Cases rise to 6,588 , death toll at 199
The Centre on Thursday approved Rs 15,000 crore as part of India’s Emergency Response and Health System Preparedness Package to tackle the pandemic. The administration also said it has got on board 20 domestic manufacturers of personal protection equipment and had already ordered 1.7 crore kits. At its daily press briefing, the health ministry said it had requisitioned 49,000 ventilators.
RBI says coronavirus has ‘drastically altered’ India’s growth outlook
SC order for free Covid-19 testing may hinder fight,say experts
To beef up the infrastructure for screening, the government approved 56 laboratories for testing in addition to 136 government-run labs and set a price cap of 4,500 Indian rupees ($59.13) for every test.
The plan is to scale up to 20,000 tests in the next few days and eventually to 100,000 a day in the worse-case scenario.
But the court decision threatens to derail the plan to widen testing, said Shamika Ravi, a former member of the Indian Prime Minister’s Economic Advisory Council and a health specialist.
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