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RBI Governor launches Website 'सचेत' to curb Illegal Collection of Deposits

RBI Governor launches Website सचेत to curb Illegal Collection of Deposits - News and Press Release - Dated:- 5-8-2016 - Initiating quick follow up and taking cases to logical conclusion by punishing the guilty is paramount to .....

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bout these entities. Dr. Raghuram G. Rajan, Governor, Reserve Bank of India said while launching Sachet (सचेत) - a website from which the members of public would be able to obtain information regarding entities that are allowe .....

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curbing instances of unauthorised acceptance of deposits by unscrupulous entities. The Governor also acknowledged the role of Shri U. K. Sinha, Chairman, SEBI and State Chief Secretaries in revitalising SLCCs. The URL of the website is www.sachet.rb .....

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the entity is permitted to accept deposits. The website also incorporates regulations prescribed by all financial regulators that different entities have to follow. Further, members of public can file and track a complaint on this website if any enti .....

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to share market intelligence and other information relating to their activities, including agenda and minutes of their meetings, across the country on a real time basis. Shri Mundra hoped that the website will act as a force multiplier and go a long .....

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that it would play a useful role in adding preventive and educative elements to fight against unscrupulous entities accepting public deposits. Other regulators, such as IRDA representatives of State Governments participated in the launch event throug .....

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shown during the launch to highlight the main features of the website. Background All States/Union Territories have State Level Coordination Committees (SLCCs). SLCCs comprise various regulators, namely, Reserve Bank of India (RBI), Securities and E .....

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