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received this e-mail from axis Bank

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Deal Subedar
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I am an axis Bank customer from the last 9 years but never received email like this  i am self employed and updated  everything few years ago . Is it mandatory to do it again ?

Dear Customer,

Thank you for banking with us.

We wish to inform you that the annual income against your Customer ID XX XXXX is not updated in our records. 

To help us serve you better, kindly update your income details through any of the channels available in the link below within 30 days of receipt of this communication:

https://axisbank.com/channels

Always open to help you. 

Regards,
Axis Bank Ltd.
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Pro Tech Guru Pro Tech Guru
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You can update its 1 sec task

Deal Lieutenant Deal Lieutenant
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Just to offer you loans or cards accordingly

Mobile Guru Mobile Guru
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Do update it with Axis, might help avoiding certain account freeze scenarios like some NeoBanks are into these days. Banks are supposed to file suspicious activity reports with FIU and since its the AI that flags accounts/transactions, good chances annual income is one of factors considered in doing so
Benevolent Benevolent
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what is fiu? and what if one selects income as 500 crore, they update to it for matching with itr?
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