The email has an attachment which asks users to submit their Bank Acc details. The attached HTML simply forwards the account details to the hands of the spammers which then use your Account for withdrawing money and all kinds of suspecting activities.
After doing some more research about the email I was able to trace the email’s origin to Ecuador a country from Africa. This is enough proof that a Indian Bank Organization will never want to sent bulk alerts from an African server.
Just beware and don’t fall in to such traps. You may be just few clicks away from compromising your bank details with your own hands.