Tuesday, July 1, 2025

Creating liberating content

HDB Financial Services, the non-banking finance arm of HDFC Bank,

An image of a Quantix drone made by AeroVironment. David

Can you trust your eyes? If yes, then this clever

Related News

HDB Financial Services, the non-banking finance arm of HDFC Bank, will make its stock market debut on Wednesday with grey market activity indicating a strong listing. According to ET, the

An image of a Quantix drone made by AeroVironment. David Mcnew | Getty Images News | Getty Images AeroVironment shares fell 7% Tuesday after the defense contractor said it plans

Can you trust your eyes? If yes, then this clever optical illusion challenge is to spot the hidden number 4052, cleverly disguised among the rows of all 4502’s. this optical

NEW DELHI: The total sown area for Kharif crops has increased by 11.3% year-on-year as of June 27, 2025, aided by an active southwest monsoon and robust rainfall, according to

New Delhi, The Competition Commission of India (CCI) on Tuesday ordered an investigation against Asian Paints for allegedly abusing its dominant position in the market for manufacturing and sale of

Dr. Saurabh Sethi, a gastroenterologist trained at Harvard and Stanford, has become quite popular on social media these days. The top Harvard doctor recently shared a video on Instagram, wherein

Trending News

HDB Financial Services, the non-banking finance arm of HDFC Bank, will make its stock market debut on Wednesday with grey market activity indicating a strong listing. According to ET, the

New Delhi, The Competition Commission of India (CCI) on Tuesday ordered an investigation against Asian Paints for allegedly abusing its dominant position in the market for manufacturing and sale of

Access Denied You don’t have permission to access ” on this server. Reference #18.27fdd417.1751375768.90018f2 Source link

NEW DELHI: India’s gross Goods and Services Tax (GST) collection for June stood at Rs 1.85 lakh crore, recording a 6.2% increase over the same month last year, according to

This is an AI-generated image, used for representational purposes only. In a move aimed at accelerating India’s innovation journey, the Union cabinet, chaired by Prime Minister Narendra Modi, approved the

Access Denied You don’t have permission to access ” on this server. Reference #18.c4f5d217.1751365153.eb70a1a Source link

Indian banks get to get unique calling numbers with incoming facilities

Word Count: 635 | Estimated Reading Time: 4 minutes


Indian banks get to get unique calling numbers with incoming facilities

Banks are soon expected to be assigned their own unique national calling number. This number will also have the facility to receive incoming calls to help customers verify and confirm their credibility.According to industry executives cited by ET, discussions are on the way with both the government and the Reserve Bank of India as lenders are hoping for the system to be implemented in the near future.At present, banks reach out to customers using multiple numbers from the ‘1600xx’ series, which do not allow incoming calls. However, the industry is pushing for a dedicated number for every bank, suffixed under the same ‘1600xx’ umbrella, which would support incoming calls.“A national number for each bank, and also allowing inbound calls to such numbers, would further enhance customer security and experience,” said a source with the matter. “We have discussed this with both the government and the Reserve Bank of India.”Earlier in January, the apex bank issued a circular directing banks to exclusively use the ‘1600xx’ series for transactional calls and the ‘140xx’ series for promotional calls. “We have also made a case for greater clarity on the usage of the 1600xx series, which includes possibilities to allow incoming calls on those numbers and exemptions for those clients who have given their consent to be contacted by the banks,” another official explained.Banks are also preparing to request formal exemptions for debt servicing calls from the mandatory use of the ‘1600xx’ series as many such calls are handled by outsourced recovery agents.Elaborating the reason behind the request, an official said, “In many cases, banks outsource their recovery activities. Now, in such cases, will the third-party recovery agents also need to use the 1600xx series? This would also require clarity from both RBI and the Telecom Regulatory Authority of India (Trai).”





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account