Reserve Financial institution of India’s rap video warning towards banking frauds is the good factor you’ll watch at the moment –This is the video

New Delhi: Seminars, tweets, SMS and different types of textual content warnings on banking frauds are actually passé it appears for RBI, for the central financial institution has launched a extremely cool rap video alerting prospects to deal with their monetary issues.

“Just a little warning takes care of a number of hassle. By no means reply to requests to share PIN, OTP or checking account particulars. Block your card if stolen, misplaced or compromised,” Reserve Financial institution of India (RBI) has tweeted.

This is part of RBI’s ongoing drive to unfold public consciousness. RBI has began a social media  initiative on its Twitter and Fb web page known as ‘RBI says.

RBI has been conducting Monetary Literacy Week (FLW) yearly since 2016 to propagate monetary training messages on a selected theme throughout the nation.

The theme chosen for present 12 months FLW was “Credit score Self-discipline and Credit score from Formal Establishments” which was noticed from February eight to February 12, 2021. This theme is without doubt one of the strategic targets of the Nationwide Technique for Monetary Schooling 2020-2025. Focus will probably be on a) accountable borrowing; b) borrowing from formal establishments and c) well timed repayments.

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Banks have been suggested to disseminate the knowledge and create consciousness amongst its prospects and normal public. Additional, RBI will undertake a centralized mass media marketing campaign throughout the month of February 2021 to broadcast important monetary consciousness messages to normal public, RBI had mentioned in a launch.


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