New Delhi, June 2 -- India's biggest lender, the State Bank of India (SBI), has warned the public about unauthorised advertisements claiming to offer stock market tips and investment advice using its name.

In a detailed video shared on the social media platform X, SBI informed that scammers share messages on various online platforms claiming to offer investment tips.

"Certain unauthorised entities and individuals are circulating sponsored advertisements and messages, particularly via social media platforms and online channels, falsely claiming to offer stock market tips, investment advice or privileged financial information, under the guise of association with State Bank of India (SBI)," the bank stated.

Scammers create fake profiles w...