Telecom watchdog Trai today said seven banks, including SBI, ICICI andHDFC BankBSE -2.55 %, were involved in pesky communications and warned that their telecom resources could be disconnected if they fail to submit a report on the nature of non-compliance and action taken. The errant banks which also include PNBBSE -6.24 %, Citi, Axis and Kotak Mahindra are found to be marketing their products and services using unregistered telemarketers,Telecom Regulatory Authority of India (TRAI) said in a statement.
Issuing stringent rules last month, TRAI had said phone connections of banks, insurance firms and realty players would be disconnected if they or entities on their behalf flouted the rules. The new rules issued by the authority include a fine of Rs 5,000 per complaint on a telecom firm if found that the UCC (Unsolicited Commercial Communication) was made by unregistered telemarketers using its network.
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