Source: BL
Context:
The Reserve Bank of India (RBI) often issues advisories to citizens, banks, and financial institutions to promote financial awareness, safety, and compliance. Recently, it emphasized the importance of following only verified communication channels, such as WhatsApp and official websites, to prevent misinformation and fraud.
Key Points from RBI’s Communication
- Verified WhatsApp Accounts
- Official RBI numbers: 99990 41935 (already active) and 99309 91935 (being added).
- Only accounts with blue tick verification are official.
- Purpose: Deliver updates on policies, financial literacy, and public advisories.
- Caution Against Misinformation
- RBI warns against trusting unverified sources that circulate incorrect or misleading information about banking, finance, or monetary policy.
- Use of Official Website
- Citizens are encouraged to refer to the RBI website for authentic circulars, press releases, and notifications.
- Financial Awareness
- Through verified channels, RBI spreads awareness about digital banking, fraud prevention, and schemes like UPI and financial inclusion initiatives.