HDFC Bank warns of scamsters calls, pitches for Mooh Band Rakho observe

HDFC Bank has warned its clients of scamsters calls utilizing pretend financial institution helpline numbers. “Received a message for an FD/RD transaction you didn’t make? Scamsters are using fake HDFC Bank helpline numbers & asking people to download the screen-sharing app to access their banking information. So practice #MoohBandRakho when the scamsters call,” HDFC Bank stated in a tweet.

HDFC Bank has revised rates of interest on fastened deposits (FDs) on 21 May. After the most recent revision, HDFC Bank is providing a 2.50% rate of interest on deposits between 7 days and 29 days, and three % on deposits maturing in 30-90 days. On 91 days to six months, 3.5% and on 6 months 1 day to lower than one 12 months, 4.4%. The financial institution provides 4.9% on FDs maturing in a single 12 months. These charges are relevant from 21 May 2021 as per HDFC Bank’s web site. FDs maturing in 2 years to three years will give 5.15%, 3 years to five years will give 5.30%. Deposits with a maturity interval of 5 years to 10 years will give 5.50% curiosity.

In different information, the Reserve Bank of India (RBI) on Monday clarified that its 2018 order directing lenders to cease dealing in digital currencies was quashed by the Supreme Court in March final 12 months and may’t be cited by banks to disclaim companies to folks dealing in cryptocurrencies.

The clarification got here after lenders akin to HDFC Bank Ltd and State Bank of India cautioned clients via emails in opposition to dealing in digital currencies akin to bitcoin, citing the round.

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