Infocomm Infocomm
24th NBFC100 TECH SUMMIT AWARDS 24th NBFC100 TECH SUMMIT AWARDS
BFSI AI SUMMIT BFSI AI SUMMIT
Home Regulators RBI SEBI TechINFRA Security Data Centre Cloud Services Government Reforms DBT Aadhaar GST Payments Payment Gateways ATM Point of Sale Payment Wallets Fintech Apps Banks Public Sector Private Sector Cooperative NBFCs Year Ender Magazine Magazine Subscription Articles Interviews Webinars Webinar Videos Video Series — Innovation Talk Upcoming Initiatives BFSI Events About Us Contact Us

State Bank of India alerts account holders against online FD fraud

State Bank of India

India’s largest lender State Bank of India (SBI) has cautioned its account holders about social engineering frauds where cyber criminals have reportedly created online fixed deposits (FD) in customers’ accounts. “We urge our customers not to share their banking details with anyone. Don’t fall for scammers impersonating as SBI, we never ask for personal details like Password/OTP/CVV/Card Number over the phone,” said the bank.

SBI tweeted to inform its customers about this new type of cyber fraud where fraudsters are targeting victim’s online FD account to steal money.

AdvertisementElets BFSI AI Summit & Awards, Mumbai

Also Read: SBI unveils ‘YONO Super Saving Days’ carnival

AdvertisementSAAS

“We urge our customers not to share their banking details with anyone. Don’t fall for scammers impersonating as SBI, we never ask for personal details like Password/OTP/CVV/Card Number over the phone. Be alert. Be safe,” tweeted SBI.

AdvertisementInfoComm India 2026

Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram.

Our Coverage of Banks

OneStack Raises ₹12.5 Crore for Cooperative Bank UPI Rails

OneStack, a Mumbai-based fintech infrastructure provider to cooperative banks, has raised ₹12.5 crore in a round led by… Read more →

Bank of Baroda to Lift Tech Spend Above 10% After Cyber Breach

Bank of Baroda will push its technology and cybersecurity spending above its long-standing cap of 10% of operating… Read more →

Suresh N. Patel to Head High Level Committee on Banking

The Government of India has set up the High Level Committee on Banking for Viksit Bharat, with former… Read more →

Indian Banks Report Up to 50% Gains From AI Deployments

Indian banks are reporting gains of 10% to 50% in productivity, turnaround time and operating costs from artificial… Read more →

City Union Bank Q2 FY27 Profit Rises 27% to ₹416 Crore as NII Jumps 31%; NIM Improves to 3.87%, Net NPA Falls to 0.48%

City Union Bank has reported a 27 per cent year-on-year rise in net profit to ₹416 crore for… Read more →

Karnataka Bank Q2 FY27 Profit Rises 37% to ₹435.89 Crore as NII Jumps 35%; Aggregate Business Hits Record ₹2.07 Lakh Crore

Karnataka Bank has reported a 36.6 per cent year-on-year rise in net profit to ₹435.89 crore for the… Read more →

whatsapp--v1