We Indians like to experiment and also
are willing to experiment with our finances. The latest experimental financial APP
doing the rounds of What's App, is a self-styled 'All Bank Balance Enquiry' App.
It has become so famous that Reserve
Bank of India has issued an advisory on April 11 2015.
The highlights of the RBI Advisory
are:-
01)
RBI
has noticed that that an app (application) is doing rounds on What's App
purportedly to facilitate checking of balance in customers' bank accounts.
02)
That
this APP has an RBI logo with the title 'All Bank Balance Enquiry No’.
03)
That
this APP has listed several banks with either a mobile number or call centre
number.
04)
RBI
has clarified that it has not developed any such application.
05)
Hence,
members of public are, therefore, advised to use the application, if at all, at
their own risk.
So,
go ahead and try the experiment now