Sale of customer details by bank

246 views 6 replies
Can the banks share details to outsiders ?

Everyday we will be getting minimum 2 calls from banks for loan or credit cards etc ..

Why this is happening ?

Can the banks allowed to share the customers contact numbers to outsiders ?

Isn't against RBI guidelines ?
Replies (6)
Banks are advised to treat the information collected from the customer for the purpose of opening of account as confidential and not divulge any details thereof for cross selling or any other purposes
It's true that banks are selling or the customers details are going to spamsters and fraudsters..
If you have registered your mobile number in social media websites then you may get unwanted calls and messages..

The lapse need not be from Bank end
Who is calling for credit cards and loans ?
Aren't the calls from banks ?
Mostly calls we receive are from outsourced agencies working for banks rather than banks directly.
We can easily figure out from the way they speak. Additionally they keep in calling in different number each time, making it difficult to block.
Who is responsible for those unwanted calls from spamsters and fraudsters ?

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details