The Reserve Bank of India (RBI) has alerted the public about a ‘deepfake’ video of its Governor Shaktikanta Das that is being widely circulated on social media.
In the video, it is falsely claimed that the RBI has launched certain investment schemes. On Tuesday, the RBI issued a statement urging people to be cautious of such misleading content.
False Claims of Investment Plans in the Video
The central bank clarified that the video promotes fake claims about RBI-backed investment schemes and advises people to invest in them.
The RBI emphasized, “Officials of the RBI are not involved in or supporting such activities. These videos are completely fake, and the RBI does not provide financial advice of any kind.”
The bank further stated that individuals should exercise responsibility when making investment decisions.
Public Advised to Stay Alert Against Deepfake Content
The RBI has urged the general public to remain vigilant against such deepfake videos, which are created using advanced artificial intelligence (AI) to mislead viewers.
Earlier this year, the National Stock Exchange (NSE) issued a similar advisory warning investors about a deepfake video of its MD
and CEO Ashishkumar Chauhan. In that video, he was falsely shown recommending certain shares.
These incidents are part of a growing trend where fake videos of business leaders are circulated on social media, providing misleading business advice or stock recommendations.
Regulatory bodies like exchanges continue to monitor and counter false information about companies spread through social media or other platforms.
