Hyderabad: Telangana State Road Transport Corporation (TGSRTC) managing director Y. Nagireddy on Monday urged the public to stay alert against KYC frauds. He warned that all banking updates must follow RBI rules to avoid scams. He spoke during the launch of a Reserve Bank of India (RBI) awareness campaign at Bus Bhavan.
The drive, part of Financial Literacy Week (FLW) 2026, focuses on safe banking and KYC compliance. Nagireddy unveiled a campaign poster, now visible on 120 buses and printed on bus ticket backs.
He said keeping KYC details updated is essential for uninterrupted transactions. He advised employees and citizens to avoid unverified calls or links when updating their KYC. Instead, they should use official banking channels.
Stay alert against KYC frauds: RBI expands campaign reach through RTC network
RBI officials explained that customers can update KYC via ATMs, bank branches, online portals, or through business correspondents. Valid documents include Aadhaar, Voter ID, and Driving License.
Financial Literacy Week runs from February 9 to 13. This year’s theme is “KYC – Your First Step Towards Secure Banking.” The campaign also raises awareness on CKYC, dormant account risks, and scams such as money mule activities.
TGSRTC has partnered with RBI to spread the message across Telangana. Around 20 lakh passengers will see KYC alerts daily, with the total outreach expected to cross 1.4 crore by the end of the week.
RBI General Manager Mutyala Gnana Suprabhat, AGMs Yashwanth Sai Chittemsetti and Ramulu Sabhavath, and other officials were present at the launch event.