President Murmu's Call to Action Against E-Frauds

President Droupadi Murmu has emphasized the need for the Reserve Bank of India (RBI) and banks to intensify their efforts in combating financial fraud and cyber threats, which are on the rise due to technological advancements.

Trust in RBI's Legacy

Highlighting the RBI's pivotal role in maintaining price stability, economic growth, and financial stability, President Murmu reminded the central bank of the trust people place in it, symbolized by the RBI governor's signature on banknotes.

Strengthening Financial Security

"Addressing this growing concern requires constant vigilance, and the RBI has been proactive in strengthening security measures to safeguard the financial system," Murmu stated during the RBI's 90th anniversary event.

Digital Payments and Financial Innovation

Noting RBI's contribution to making India a leader in digital payments, Murmu praised the institution for ensuring seamless, efficient, and secure digital transactions. RBI governor Sanjay Malhotra also pledged to support technology and innovation while maintaining vigilance.

Vision for a Developed India

As India moves towards its independence centenary, the vision of Viksit Bharat 2047 calls for an innovative, adaptive, and accessible financial ecosystem, with RBI playing a crucial role in this journey.