On August 31, Reserve Bank of India Deputy Governor M Rajeshwar Rao emphasized the importance of responsible use of banking services, including digital platforms, for public convenience. He was speaking at a walkathon on Cyber Security Awareness held at Sukhna Lake in Chandigarh, which was organized by The Bankers’ Club. Rao noted that physical initiatives like the walkathon, combined with the RBI’s online campaigns, are effective in spreading awareness about cyber security.
Rao highlighted that while the circulation of counterfeit currency is minimal, the public should continue to verify notes using the “look, touch, and feel” method. With the growing adoption of digital payments, the reliance on cash is declining, leading to safer and more secure transactions. The walkathon saw enthusiastic participation from bankers across the region, who came together to spread awareness on safe banking and responsible digital practices.
Rao congratulated the banking fraternity for their commitment to cyber safety through outreach campaigns. The event was attended by several senior officials, including Executive Directors from RBI, Chief General Managers from NABARD, and General Managers from various banks. The Bankers’ Club, which organized the event, is a forum of senior bankers in Chandigarh and includes members from RBI, NABARD, SBI, PNB, ICICI Bank, HDFC Bank, and other banks.
The walkathon aimed to promote awareness about cyber security and responsible digital practices among the public. Rao’s emphasis on responsible use of banking services and verification of notes underscores the importance of vigilance in preventing cyber crimes and maintaining the security of financial transactions. The event demonstrates the collaborative efforts of the banking community in promoting cyber security awareness and promoting safe banking practices. Overall, the walkathon was a successful initiative in spreading awareness about cyber security and promoting responsible digital practices among the public.