State Bank of India (SBI) has launched new feature for ATM users’ safety amid rising incidents of ATM frauds. The bank will send customers an SMS when receives a request for balance enquiry or mini statement via ATMs. The bank will alert the customers by sending an SMS so that they can immediately block their debit card if the transaction is not initiated by them.
SBI is the country’s largest lender and it offers a wide range of services in the Personal Banking, Agriculture/ Rural, NRI services, SME and Corporate Banking etc.
