Sanjay Malhotra, Governor of the Reserve Bank of India
| Photo Credit:
DHIRAJ SINGH

Reserve Bank of India Governor Sanjay Malhotra on Monday flagged the need to remain vigilant against KYC (know-your-customer)-related frauds and misuse of accounts.

Malhotra addressed a gathering of the top management and Regional Heads of the Reserve Bank, NABARD and heads of select commercial banks at the launch of the 11th edition of Financial Literacy Week (FLW), whose theme is ‘KYC – Your First Step to Safe Banking’.

He urged banks to utilise FLW to spread awareness among their customers on the importance and ease of KYC and re-KYC, the role of the Central KYC Records Registry (CKYCR) in simplifying customer onboarding.

The Governor underscored the significance of KYC for safe, secure, and inclusive banking. The FLW 2026 will be observed between February 9 and 13, 2026, across the country.

Published on February 9, 2026



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