Using greed they lure customers with a lottery and by promising customers in helping them redeem card points
The SIM binding feature basically follows the 'One Mobile Device – One User – One RMN (registered mobile number)' rule to execute banking transact
SBI news: SBI stated that during the pandemic, fraudsters are exploring newer and newer avenues on swindling people
According to the bank, most of the frauds take place by hacking in the customer's phone which usually has all the banking data saved