RBI Alert on Coronavirus - RBI advices to use Digital Banking
RBI Alert on Coronavirus - RBI advices to use Digital Banking

RBI Alert on Coronavirus: The Reserve Bank of India has advised customers to avoid cash transactions as a safety measures from Coronavirus.

The Central Bank has advised residents to use contactless and mobile payments to protect themselves from coronavirus and be on alert about anything suspicious because fraudsters can take advantage of the situation.

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To ensure safety of citizens amid the coronavirus outbreak, the Reserve Bank of India (RBI) governor, Shaktikanta Das, on Monday asked customers to use digital banking facilities as far as possible. Das also added, “In the context of COVID 19, RBI and the government together are giving emphasis on encouraging digital payments. And over a period of time, various measures have already been taken to establish safe, secure, stable and affordable retail payment system such as the National Electronic Fund Transfer (NEFT) and the Immediate Payment Service (IMPS).” He was speaking at a press briefing where he announced various measures to tackle the impact of the pandemic on Indian businesses and the economy.

READ MORE: COVID-19 is being more successfully contained in India

The central bank issued a press release, as well, in this regard in which it stated: RBI wishes to bring to the notice of the general public that non-cash digital payment options (like NEFT, IMPS, UPI and BBPS) are available round the clock to facilitate fund transfers, purchase of goods / services, payment of bills, etc. In the context of the efforts to limit the fallout of the Coronavirus pandemic by avoiding social contact and visit to public places, public can use these modes of digital payment from the convenience of their homes through online channels like mobile banking, internet banking, cards, etc. and avoid using cash which may require going to crowded places for sending money or paying bills.

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Moreover, as per RBI alert on Coronavirus, “In the context of the efforts to limit the fallout of the coronavirus pandemic by avoiding social contact and visit to public places, public can use these modes of digital payment from the convenience of their homes through online channels like mobile banking, internet banking, cards, etc. and avoid using cash which may require going to crowded places for sending money or paying bills.”

Experts say that a person may get affected by touching his/her eyes, mouth, nose after touching an infected surface. Hence, to limit the possibility of coronavirus spread, contactless modes of payments can be very useful in present times.

The total number of coronavirus cases in India today jumped to 114, with Maharashtra reporting the maximum number of cases at 31. One new case each was reported from Ladakh, Odisha, Jammu and Kashmir and Kerala, according to the Health Ministry officials.

Besides the RBI alert on Coronavirus the Central government has also asked 50 per cent of its staff to work from home, while other 50 per cent will attend office. The government has also urged the government employees to resort to staggered working hours. Earlier, the famous Mumbai Dabbawallas have suspended tiffin delivery services till March 31 in the wake of novel coronavirus scare. The tiffin carriers which are considered to be the lifeline of Mumbai will stop the services from Friday till March 31.

Meanwhile, two more women with travel history abroad have been tested positive in the city taking the total cases in Maharashtra to 49. While a 22-year old tested positive for novel coronavirus in Mumbai, another woman, 49, also has been confirmed COVID-19 positive in Ulhasnagar. Both had recently travelled toforeign countries. Globally,the number has climbed up to 2,19,032 confirmed COVID-19 cases, including 8,953 deaths. China, Italy, Iran are leading the chart with over 7,300 deaths collectively. Italy alone reported 475 deaths on Wednesday.