 of Odisha was held at the Reserve Bank of India (RBI), Bhubaneswar){kind=link}
Bhubaneswar: The 34th meeting of the State Level Co-ordination Committee (SLCC) of Odisha was held at the Reserve Bank of India (RBI), Bhubaneswar, on Monday to deliberate on measures against rising cyber frauds and unregulated deposit schemes.
Key Officials at the Odisha SLCC Meeting
The meeting was chaired by Anu Garg, Development Commissioner-cum-Additional Chief Secretary, P&C Department, and convened by Sarada Prasan Mohanty, Regional Director, RBI Bhubaneswar.
Senior state government officials including Sanjeeb Kumar Mishra, Principal Secretary Finance; Vinaytosh Mishra, DGP, CID Crime Branch; and Radha Kishan Sharma, Special Secretary, Home Department, attended the session. Representatives from RBI Central Office, SEBI, Finance, Cooperation, Law, Cyber Crime, and Police Commissionerate were also present.
Workshop on Cyber Frauds in Odisha
Before the meeting, a workshop on cyber frauds was conducted, where bankers were urged to extend full cooperation to law enforcement agencies.
DGP Vinaytosh Mishra noted that the most common frauds in Odisha include:
- Investment and trading scams
- Digital arrest scams
- Fake job and work-from-home offers
- Fraudulent websites and hotel bookings
- Social media frauds
He further stressed that mule accounts are the backbone of cyber fraud operations and called for urgent corrective steps by banks.
RBI’s Proactive Role
Puspamitra Sahu, Chief General Manager, RBI, underscored the central bank’s proactive measures such as:
- Regulatory oversight
- Coordination with law enforcement
- Supervisory checks
- Public awareness campaigns
Sankalp Tyagi, Deputy Legal Advisor, RBI, also explained key provisions of the Banning of Unregulated Deposit Schemes (BUDS) Act, 2019.
Focus on Awareness & Deterrence
Chairperson Anu Garg highlighted the dual challenge of promoting digital innovation while protecting citizens from financial crimes. She emphasized:
- Massive awareness campaigns through online and offline channels
- Strong action against Ponzi schemes
- Swift conviction of cyber fraudsters to serve as deterrence
- Urgent steps to plug system vulnerabilities
Get Latest News Live on MTIMES along with Breaking News and Top Headlines, Political News and around The World.
You May Like
Trending Searches Today |
Congress Criticises Government’s GST Reform, Says True GST 2.0 Reform in India Still Awaited
SSC CGL New Exam Date 2025 Out: Tier 1 Scheduled from 12th to 26th September
OSSSC Re-Conducts Preliminary Exam 2023: RI, ARI, Amin, Supervisor and SFS Posts from October 8
56th GST Council Meeting: Big GST Rate Cuts Announced, Focus on Common Man and Key Sectors
Undersea Cable Cuts in Red Sea Disrupt Internet Across Asia and Middle East
- [Best-in-class Sound Quality]: 10.4mm+6mm dynamic dual driver, LHDC5.0 Bluetooth CODEC and high resolution certification…
- [Sliding Volume Control]: Slide on the surface of touch area of buds to adjust the volume.Sliding up increases the volum…
- [49dB Adaptive Nosie Cancellation]: Advanced noise-cancelling technology,coupled with a high-performance chip,elevates t…
- Playback – Enjoy up to 60 hours of music with the powerful battery backup.
- Fast charge – With the fast-charging feature, you can get 100 minutes of uninterrupted playing time after charging the e…
- Drivers – The enhanced dual 10 mm dynamic drivers make way for immersive sound and clearer calls.