TIOL-DDT 725 · Tuesday, 23 October 2007 · story 3 of 5

Unsolicited Commercial Communications - National Do Not Call Registry - RBI directions

Reserve Bank of India had earlier advised banks

1.not to engage Telemarketers (DSAs/DMAs) who do not have any valid registration certificate from DoT, Govt of India, as telemarketers,

2. to furnish the list of Telemarketers (DSAs/DMAs) engaged by them along with the registered telephone numbers being used by them for making telemarketing calls to IBA to enable IBA to forward the same to TRAI and

3.to ensure that all Telemarketers (DSAs/DMAs) presently engaged by them register themselves with DoT as telemarketers .

RBI has decided that in addition to DSAs/DMAs, banks/their Call Centres, who make solicitation calls, are also required to be registered as Telemarketers with DoT. TRAI have also clarified that banks/their Call Centres, while registering themselves as Telemarketers, will be required to give the details of the telephone numbers used for telemarketing.

TRAI has informed RBI that the pace of registration of DSAs/DMAs engaged by banks with DoT is very slow. Banks are therefore advised to ensure that all DSAs/DMAs engaged by them register themselves with DoT as telemarketers at the earliest.

Next time when you get a call from one of these banks that you have been chosen exclusively for a special credit card or that a pre sanctioned loan is awaiting you, maybe you should inform RBI and TRAI.

RBI/2007-08/163- DBOD.FSD.BC.35/24.01.011/2007-08 dated October 19, 2007