Ladakh Autonomous Hill Development Council, Leh

Leh, July 03, 2024: The Reserve Bank of India (RBI), Jammu organised a sensitisation programme for officials of Ladakh Police on legal provisions and investigative aspects on various regulated as well as unincorporated bodies, digital lending apps and cyber frauds on July 3.

Chief Guest, ADGP, UT of Ladakh Dr. S.D Singh Jamwal inaugurated the program.

The programme covered sessions on various aspects of banking and non-banking business, modus operandi and other preventive and investigative measures, financial frauds in securities market and role of SEBI, Banning of Unregulated Deposit Schemes (BUDS) Act, 2019.

Various initiatives by the regulators like guidelines on Key Fact Statement (KFS), Guidelines on digital lending and Fair Practice Code for lenders and problems faced while investigating the cases related to financial frauds and the queries were also discussed.

The programme was attended by senior dignitaries from Ladakh Police, RBI and SEBI including AIG Personnel Stanzin Nurboo; Deputy General Manager, RBI, Ram Sarup; Deputy General Manager, SEBI, Bhartendra Kumar Gupta; SP Leh Shruti Arora; SO to ADGP, Farhan Jahanzeb Naqash; Sudesh Kumari, AGM, RBI among other officials.