INSUBCONTINENT EXCLUSIVE:
Registering the mobile will ensure uninterrupted service to the internet banking user, according to SBISBI or State Bank of India has asked
its internet banking customers to register their mobile numbers with the bank by the end of the month
SBI internet banking customers, or customers who have subscribed to the bank's internet banking service, are required to register their
mobile number with the lender by November 30, according to the bank's corporate website - sbi.co.in
Failing to do so by the stipulated due date may lead to deactivation or blockage of the bank account, according to SBI."Please register your
mobile number by November 30.2018, failing which your internet banking access may be deactivated/blocked with effect from December 1, 2018,"
It also said, citing RBI regulations, that it is mandatory for the customer to register the mobile number to avail internet banking
services.SBI's move is in line with Reserve Bank of India guidelines, which mandate commercial banks to ask their customers to mandatorily
register for SMS alerts for electronic banking transactions
The banks may not offer facility of electronic transactions, other than ATM cash withdrawals, to customers who do not provide mobile numbers
to the bank, states a July 2017 circular by the RBI.By registering his or her mobile number with SBI by November 30, 2018, the internet
banking subscriber will be able to use the service in an "uninterrupted" manner, according to the bank's website.In order to register the
mobile number with SBI, the bank's internet banking customer is required to visit a bank branch, the country's largest lender said on its
appealing or official looking, seeking your personal information such as username, password(s), mobile number, ATM card details etc," it
