State

Rajasthan

Regulator / Enforcement Authority

RBI

Category of Awareness Programmes/Media Campaigns

Awareness programs for the public

Date when it was organized

20 February 2016

Location

Kota Rajasthan

Description of awareness programme

An Investor Awareness Programme (IAP) was also organized in Kota on 20.02.2016at 3.00 p.m. The programme was attended by approximately 80 persons which included retired teachers/ principal, traders, SHGs, petrol pump owners and employees from various institutions of Kota. The participants were informed about NBFCs and NBFCs 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. The pamphlets of DNBS, Financial Literacy material and advertisements issued by the RBI were distributed.

Documents