Only numbers starting with '1600' to be used for promotional calls by banks, NBFCs: Govt
Telecom regulator TRAI mandated that all mutual funds companies, AMCs, banks, non-banking financial institutions and pension fund managers use numbers beginning with '1600' for calling customers. It has set January 1 as deadline for banks, February 1 for large NBFCs, March 1 for remaining NBFCs and rural banks and February 15 for AMCs. For stockbrokers, the deadline is March 15.