The premier financial institution advises folks to steer clear of components utilizing its title to extract cash via such fradulent means.
The Reserve Financial institution of India (RBI) has cautioned members of most people to not fall prey to fictitious presents of shopping for/promoting of outdated banknotes and cash.
“It has come to the discover of RBI that sure components are fraudulently utilizing the title/ emblem of RBI and looking for expenses/ fee/ tax from public, in transactions associated to purchasing and promoting of outdated banknotes and cash via numerous on-line/ offline platforms,” the RBI in a press launch.
“It’s clarified that RBI doesn’t deal in such issues and by no means seeks expenses/ commissions of any kind. RBI has additionally not authorised any establishment/ agency/ individual to gather expenses/ fee on its behalf in such transactions,” the regulator mentioned.
It has suggested folks to steer clear of components utilizing its title to extract cash via such fictitious/fraudulent presents.
