RBI cautions public on social media deepfake videos of its governor giving financial advice

RBI has cautioned general public on social media deepfake videos of its governor giving financial advice

In a Press Release issued, RBI has stated that it has come to the notice of Reserve Bank of India that a fake videos of its Governor is being circulated in social media that claim launch of or support to some investment schemes by the RBI. These videos attempt to advise people to invest their money in such schemes, through use of technological tools.

RBI has clarified that none of its officials are not involved in or support any such activities and these videos are fake. RBI does not give any such financial investment advice.

RBI has cautioned public against engaging with and falling prey to such deepfake videos circulated over social media.

• No separate compensation for loss of love and affection under MV Act – SC
• Trust accredited by National Open School eligible for registration u/s 12AB & u/s 80G
• Delay in furnishing Form 10B – Covid Period to be excluded as per decision of Supreme Court
• Section 271AAB does not grant any immunity from penalty in terms of section 273B
• Engagement of ‘Young Professional’ in the office of the PCCT Bihar & Jharkhand