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Digital payments safety: RBI Deputy Governor Rao flags off Chandigarh walkathon; stresses responsible digital use

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Digital payments safety: RBI Deputy Governor Rao flags off Chandigarh walkathon; stresses responsible digital use

Reserve Bank of India Deputy Governor M Rajeshwar Rao on Sunday flagged off a walkathon on cyber security awareness at Sukhna Lake here, stressing that banking services, especially digital platforms, are designed for public convenience and must be used responsibly.The walkathon, organised by the Bankers’ Club, Chandigarh, saw enthusiastic participation from bankers across the region, who came together to spread awareness on safe banking and responsible digital practices, PTI reported.According to an official statement, Rao said physical outreach campaigns like this, alongside RBI’s online initiatives, are highly effective in promoting cyber security. He added that while the circulation of counterfeit currency is minimal, people should continue to use the “look, touch, and feel” method to verify notes.Highlighting the shift in banking behaviour, Rao noted that with the rising adoption of digital payments, reliance on cash is declining, ensuring safer and more secure transactions.He also congratulated the banking fraternity for their commitment to promoting cyber safety through such awareness programmes.The event was attended by RBI Executive Directors, Vinod Kumar Arya, Chief General Manager of NABARD (Haryana), Nivedita Tiwari, Chief General Manager of Nabard (Punjab), Krishan Sharma, Chief General Manager of State Bank of India, Lalit Taneja, General Manager of Punjab National Bank, and zonal managers of several other institutions.The Bankers’ Club is a forum of senior bankers in Chandigarh, with members from RBI, Nabard, SBI, PNB, ICICI Bank, HDFC Bank and other financial institutions represented at the Deputy General Manager level and above.





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