SRINAGAR: The Reserve Bank of India (RBI) on Monday launched Financial Literacy Week (FLW) 2026 for the Union Territories of Jammu Kashmir and Ladakh, with a focus on promoting awareness about Know Your Customer (KYC) procedures as a key step towards safe banking.
The inaugural event was held at Hotel Vivanta, Jammu, and was attended by JK Chief Secretary Atal Dulloo as chief guest, alongside RBI Jammu Regional Director Chandrashekhar Azad and senior officials from government departments, banks and financial institutions.
Financial Literacy Week, observed nationwide from 9 to 13 February, was earlier inaugurated in Mumbai by RBI Governor Sanjay Malhotra. The 2026 theme, “KYC – Your First Step to Safe Banking,” highlights the importance of KYC compliance, the Central KYC Registry (CKYC), and maintaining account hygiene and discipline.
Addressing the gathering, Azad said last year’s nationwide campaign at the Gram Panchayat level helped advance financial inclusion and facilitated re-KYC of bank accounts across the country. Building on that initiative, awareness programmes during FLW 2026 will educate the public on simple and secure methods of completing KYC formalities and using CKYC facilities to streamline the process.
He also cautioned people against fraudulent calls, messages and links related to KYC updates, warning that such scams can result in financial losses, and urged citizens to remain vigilant against inducements that could lead to becoming “money mules”.
The RBI, in collaboration with banks and other stakeholders, will conduct outreach and awareness programmes across the country, including in JK and Ladakh, throughout the week, with additional initiatives planned during the year to strengthen financial literacy and promote secure banking practices.
