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On 4 April 2025, which bank of India has launched a verified WhatsApp channel for Financial Updates?
Question

On 4 April 2025, which bank of India has launched a verified WhatsApp channel for Financial Updates?

A.

State Bank of India

B.

Reserve Bank of India

C.

Axis Bank

D.

Bank of Baroda

Correct option is B

Correct Answer: (B) Reserve Bank of India

Explanation:

  • On April 4, 2025, the Reserve Bank of India (RBI) launched a verified WhatsApp channel to disseminate verified financial information directly to the public.
  • This initiative is part of the 'RBI Kehta Hai' public awareness campaign, aiming to enhance financial literacy and digital safety across the country .

Information Booster:

  • Channel Access: Users can join the channel by scanning the QR code provided by the RBI or by searching for the official 'Reserve Bank of India' account on WhatsApp.
  • Content Provided: The channel delivers updates on banking regulations, digital safety, consumer protection, and financial literacy.
  • Verification: The RBI's WhatsApp account is verified, ensuring that the information shared is authentic and reliable .

Other Options:

  • A (State Bank of India):
    • Establishment Year: 1806 (as Bank of Calcutta, became SBI in 1955)
    • Headquarters: Mumbai, Maharashtra
  • C (Axis Bank):
    • Establishment Year: 1993
    • Headquarters: Mumbai, Maharashtra
  • D (Bank of Baroda):
    • Establishment Year: 1908
    • Headquarters: Vadodara, Gujarat

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