Paytm Payments Bank submits list of 3,500 fraud phone numbers to Trai

Paytm also suggested that telecom operators who sell bulk SMS services should follow stringent KYB process

To address the issue of rising cyber fraud involving SMS and call scams by using its name, Paytm Payments Bank said it had submitted a list of 3,500 phone numbers to the Telecom Regulatory Authority of India (Trai), the ministry of home affairs, and the India Computer Emergency Response Team (CERT-In).

The bank has also filed a first information report (FIR) against these criminals with the cyber cell for immediate action, emphasising the need for timely and effective legal action.

“We are extremely happy to see the proactiveness shown by Trai and the ministry in this regard. We are committed to ensuring