Whatever, I don't care, I run a business, so rather than looking for causes I need something which works, I just don't have time for all this. SBI's Freedom, BOB's mConnect and lots of other banking apps do this, and I don't think they have a security problem. If they are talking about security then they shouldn't have activated my cell no. either, because I called from my land line (which they don't know) and asked only DOB and mother's maiden name as confirmation along with the account no, which a lot relative and friends of mine know, so what's the proof that I called them? Where with other banks you go to ATM, you punch in your mobile no, they send a code to that, you put it back, confirmed. This is rather secured imo, cause one has to have my Debit card, he has to know the PIN, also he needs to carry the SIM card, which are unlikely. This is a rather awkward and weird step from ICICI. Of course NEFT was my second primary objective, I have to do at least 5 or 6 transfers per week, but anyway I will do it from my other bank account.
Kindly close this topic dear Mods.