RBI cautions on deepfake videos of governor giving financial advice

The Reserve Bank of India (RBI) has cautioned against deepfake videos of Governor Shaktikanta Das circulating on social media, falsely claiming the launch or support of certain investment schemes by the RBI. These videos attempt to advise people to invest their money in such schemes using technological tools. The central bank clarified that its officials are not involved in or support any such activities, and these videos are fake. RBI emphasized that it does not give any financial or investment advice through such means. The caution comes amid rising concerns over the misuse of deepfake technology to spread misinformation and defraud the public. RBI urged people to verify the authenticity of any financial advice purportedly coming from its officials and to rely only on official communications from the central bank. This warning highlights the growing threat of deepfake technology and the need for vigilance in the digital age.