State

Rajasthan

Regulator / Enforcement Authority

RBI

Category of Awareness Programmes/Media Campaigns

Awareness programs for the public

Date when it was organized

16 September 2016

Location

Sikar District, Rajasthan

Description of awareness programme

DNBS Jaipur organized an Investor Awareness Programme (IAP) in Sikar District of Rajasthan on September 16, 2016. The programme was attended by approximately 90 persons which included local citizens, traders, owners and persons associated with various institutions of Sikar. The participants were informed about NBFCs in general and those eligible to accept public deposits and precautions to be taken before investing their hard-earned money. The gathering was apprised of the risks involved in depositing / investing of their money in ‘Get Rich Quick’ schemes. They were cautioned about lucrative offers on deposits and easy loans at very low rates of interest offered by fraudsters. They were made aware of Ponzi / multi-level marketing schemes. The participants were also cautioned about fake SMS’s and e-mails being sent in the name of RBI. The participants were apprised about the importance of the recently launched SLCC website for common public – SACHET. The pamphlets of DNBS, Financial Literacy material and advertisements issued by the RBI were distributed.

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