World Bank cautions Indians against fraudulent credit, debit cards

New Delhi: If there weren’t enough financial crimes and frauds, credit and debit cards in the name of the World Bank are being issued in India.

In a statement, the World Bank said: “The World Bank’s attention has been drawn to fraudulent issuance of debit/credit cards in India, carrying its name and logo.”

“The World Bank Group does not issue debit/credit cards. The Bank Group has no involvement with individuals/groups who have issued these fake cards, and would like to caution the public to be wary of such fraudulent practices,” the statement said.


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