Reserve Bank of India said fraudulent and ficticious offers though e-mails, mobile phones and SMSs had increased significantly in the last two years despite public awareness campaign by RBI. "Such ficticious offers had increased in the last two years," RBI general manager C L Nag said here while addessing media on steps of the central bank in this regard.

He did not give the number of complaints against such ficticious offers it has received, saying most of these were informal.

Nag said several circulars since 2000 had been issued by the Reserve Bank on such offers and urged people not to be lured by them in which money is asked upfront terming as processing fee, transaction fee, tax clearance and others.