Markets

Market

News Details

(10/02/2026 12:30)

RBI launches Financial Literacy Week 2026 with focus on KYC awareness

The Reserve Bank of India has launched Financial Literacy Week (FLW) 2026, continuing its annual initiative to promote financial awareness, which has been observed every year since 2016.

The eleventh edition of FLW 2026 was inaugurated by Sanjay Malhotra, Governor of the Reserve Bank, on the theme “KYC – Your First Step to Safe Banking”. The event was attended by the RBI’s top management, regional heads, representatives from National Bank for Agriculture and Rural Development, and heads of select commercial banks.

Addressing the gathering, the Governor highlighted the importance of Know Your Customer (KYC) norms in ensuring safe, secure, and inclusive banking. He encouraged banks to use Financial Literacy Week as a platform to raise awareness on the importance and ease of KYC and re-KYC, the role of the Central KYC Records Registry (CKYCR) in simplifying customer onboarding, and the need for vigilance against KYC-related frauds and misuse of accounts.

Financial Literacy Week 2026 will be observed from February 9 to 13, 2026, across the country. As part of the campaign, RBI will undertake multimedia awareness initiatives, while banks have been advised to actively disseminate information and educate customers on the theme.

Prevent Unauthorized Transactions in your demat account -> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from NSDL on the same day....................issued in the interest of investors.
KYC is one-time exercise while dealing in securities markets -> Once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.