RBI Grade BNABARD ESISEBI
Overview of the Meeting
- Date & Venue: March 26, 2025, at Tashiling Secretariat, Gangtok
- Chairperson: Shri Ravindra Telang, Chief Secretary, Government of Sikkim
- Convenor: Shri Thotngam Jamang, Regional Director, RBI
Key Attendees
Free live session
NABARD Grade A 2026: what the 2025 cut-offs changed, and the 90-day plan
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“RBI MPC Unpacked: Key Theory Meets Today’s Macro Trends”Tap to play · from the C4S channel
- Representatives from RBI, SEBI Kolkata, Law Department, Home Department, Finance Department, Information & PR Department, Cooperation Department, and Sikkim Police (IGP CID, IGP Law & Order, DIGP Range, DIGP Special Branch).
Key Discussions & Decisions
- Implementation of BUDS Rules:
- Reviewed progress on enforcing Banning of Unregulated Deposit Schemes (BUDS) Act, 2019 in Sikkim.
- Financial Frauds & Recovery:
- Discussed fraud reports from Helpline 1930 and recovery efforts by Sikkim Police.
- Digital Fraud Prevention Initiatives:
- RBI highlighted trends in digital fraud and measures to curb fraudulent activities.
- Stakeholders exchanged market intelligence on unregulated entities operating fraudulently.
- Role of Sachet Portal:
- Encouraged public reporting of fraudulent financial schemes through Sachet Portal.
- Investor Awareness & Grievance Redressal:
- RBI & SEBI shared updates on their investor awareness programs and customer grievance redress mechanisms.
- Financial Literacy Initiatives:
- The Chief Secretary commended RBI Gangtok’s outreach efforts in spreading financial literacy across the region.
The SLCC meeting reinforced coordinated efforts to tackle financial fraud, regulate deposit schemes, enhance investor awareness, and improve digital security in Sikkim. The RBI and SEBI initiatives will continue to strengthen financial literacy and fraud prevention across the state.