On Tuesday, the Reserve Bank of India (RBI) issued a warning regarding the circulation of “deepfake” videos on social media that falsely depict its Governor offering financial advice or endorsing investment schemes. The RBI cautioned the public against these deceptive videos, which claim to be messages from top RBI officials.
In an official statement, the central bank clarified that these videos are fabricated and not endorsed by the RBI. “It has come to the notice of the Reserve Bank of India that fake videos of the Governor are being circulated on social media, falsely claiming the launch or support of certain investment schemes by the RBI,” the statement read.
The RBI emphasized that it does not support or promote any unapproved investment schemes, and such videos are misleading and potentially harmful. The central bank urged the public to be cautious and not to fall victim to these fraudulent videos, which could cause confusion or financial loss.
This warning highlights the growing concern over the use of advanced technology, like deepfake videos, to manipulate public perception and spread misinformation, especially in sensitive financial matters. The RBI reassured the public that it would take necessary measures to address such incidents and protect the integrity of financial communications.
