- You may experience issues in receiving One Time Password (OTP) from April 1
Is OTP not coming today?
NEW DELHI: You may experience issues in receiving One Time Password (OTP) from April 1 as TRAI adopts stringent measures to curb “Unsolicited Commercial Communications“.
The Telecom Regulatory Authority of India (TRAI) has launched a mechanism to reduce unauthorized and illegitimate SMS by asking companies to lodge SMS in a format with TRAI in order to satisfy customers.
The primary objective of this initiative is to deliver the appropriate message to customers to prevent them from being victims of cybercrime. Many companies, on the other hand, are not taking TRAI’s order effectively, and their customers may end up bearing the bulk of the consequences in the coming month.
It has been informed that principle entities including major banks like State Bank of India, HDFC Bank, Punjab National Bank, Axis Bank Ltd are not transmitting mandatory parameters like content template IDs, PE (principle entity) IDs, etc.
According to the latest statement TRAI stated that “It has been informed that principle entities including major banks like State Bank of India, HDFC Bank, Punjab National Bank, Axis Bank Ltd are not transmitting mandatory parameters like content template IDs, PE (principle entity) IDs, etc. even in those cases where content templates have been registered while sending such messages to TSPs (telecom service providers) for delivery.”
“Several banks, insurance companies, other lenders, e-commerce companies are on the list of defaulters issued by the Telecom Regulatory Authority of India (TRAI)”
You May Face OTP Problem from April 1
Several banks, insurance companies, other lenders, e-commerce companies are on the list of defaulters issued by the Telecom Regulatory Authority of India (TRAI). TRAI had already warned that there may be disruption in communication from April 1, 2021, if these entities do not comply with norms.
Central and state government departments, regulatory bodies such as the Reserve Bank of India (RBI), Securities and Exchange Board of India (SEBI), Insurance Regulatory and Development Authority (IRDA) have been informed about the development.
These entities have yet to show serious effort in complying with provisions laid down by the TRAI through Telecom Commercial Communications Customer Preference Regulations, 2018 (“TCCCPR, 2018”).
If you are facing OTP problem from April 1, find the name of your bank here:
List of Banks, Insurance Companies, Other Lenders, E-commerce Companies
- A&A DUKAAN FINANCIAL SERVICES PRIVATE LIMITED
- Angel Broking Limited
- AXIS BANK LIMITED
- BAJAJ FINANCE LIMITED
- BANDHAN BANK LIMITED
- BANK OF BARODA
- BANK OF INDIA
- Canara Bank
- Central Bank of India
- Dakshin Haryana Bijli Vitran Nigam Limited
- Delhivery Private Limited
- FEDERAL BANK
- Flipkart Internet Pvt. Ltd.
- Freecharge Payment Technologies Private Limited
- HDFC BANK LIMITED
- ICICI BANK LIMITED
- IDBI BANK LIMITED
- IDFC FIRST BANK LIMITED
- Indiabulls Consumer Finance limited
- INDIAN OVERSEAS BANK
- NSTAKART SERVICES PRIVATE LIMITED
- Kotak Mahindra Bank Ltd
- Kotak Securities Limited
- LIFE INSURANCE CORPORATION OF INDIA
- MEDLIFE WELLNESS RETAIL PRIVATE LIMITED
- National Stock Exchange of India Limited
- PSI PHI GLOBAL SOLUTIONS PRIVATE LIMITED
- PUNJAB NATIONAL BANK
- RAJASTHAN STATE HEALTH SOCIETY
- RELIANCE RETAIL LIMITED
- SAMSUNG INDIA ELECTRONICS PRIVATE LIMITED
- SBI Cards and Payment Services Limited
- STATE BANK OF INDIA
- Supermarket Grocery Supplied Private Limited
- TATA AlA LIFE INSURANCE COMPANY LIMITED
- UNION BANK OF INDIA
- VEDANTU INNOVATIONS PRIVATE LIMITED
- WOPLIN BLOCKCHAIN TECHNOLOGIES
- Yes Bank Ltd
List of Defaulter Telemarketers
- 3M DIGITAL NETWORKS PVT LTD (MobTexting)
- ACL MOBILE LIMITED
- BBNL BharatNet NMS
- Bhoopalam Marketing Services Pvt Ltd
- BUZIBEE TECHNOLOGIES PRIVATE LIMITED
- Centre for development of Advanced computing
- Christian Medical College Vellore Association
- Cosmic Information & Technology Ltd.
- DiGISPICE Technologies Limited
- GreenAds Global Pvt Ltd
- Gupshup Technology India Pvt. Ltd.
- IMI Mobile Private Ltd
- Infobip India Private Limited
- INSIGHT CONSULTANCY SERVICES PRIVATE LIMITED
- Karix MObile Pvt Ltd
- LOTUS TRANSFORMS PRIVATE LIMITED
- NAZI ENTERPRISES
- NETXCELL LIMITED
- One97 Communications Limited
- ONEXTEL MEDIA PRIVATE LIMITED
- Onweb Software Technologies Pvt. Ltd.
- Parrot Infosoft Pvt Ltd
- Pinnacle Tele services Private Limited
- Proactive Professional Services Pvt Ltd
- PRP SERVICES PVT. LTD.
- RAMA INFOTECH PVT.LTD
- Ravience Digital Pvt Ltd.
- Ravience Digital Pvt Ltd. (Netcore)
- ROUTE MOBILE LIMITED
- SJS TECHCROME PRIVATE LIMITED
- SOLUTIONS lNFlNI TECHNOLOGIES (INDIA) PVT LTD (Kaleyra)
- VALUEFIRST DIGITAL MEDIA PRIVATE LIMITED
- VEGTER SMS SOLUTIONS PRIVATE LIMITED
- virtuoso Netsoft Private Limited
- VIVACONNECT PRIVATE LIMITED
- WALKOVER WEB SOLUTIONS PRIVATE LIMITED
- Wizhcomm Consultants and Technologies Private Limited
You can click here and reach out to the TRAI website for full details