RBI Collaboration for Spam Call Curbing
The Reserve Bank of India (RBI) collaborated with the Telecom Regulatory Authority of India (TRAI) in June 2025 to address the issue of unsolicited spam calls related to loans and credit cards.
Reasoning for TRAI Partnership
TRAI is the primary regulatory body for the telecommunications sector in India. Its mandate includes regulating telecom services, tariffs, and protecting consumer interests in telecom.
- Spam calls, whether for loans or credit cards, originate through the telecommunications network.
- TRAI has the authority and mechanisms to track, regulate, and potentially block such communication channels.
- Collaborating with TRAI allows the RBI to leverage the telecom infrastructure's regulatory framework to curb unwanted financial service solicitations.
- The other options are less relevant: UIDAI manages Aadhaar, SEBI regulates the securities market, and CBI is a law enforcement agency focused on investigation, not primary telecom regulation.
Therefore, TRAI is the most logical government body for the RBI to partner with to tackle spam calls originating from the telecom network.
Important Questions from RBI
- Who took over as the Deputy Governor of the Reserve Bank of India in May 2025?
As reported in May 2025, which of the following banks of India provided in-principle approval to PayPal and Worldline to operate as cross-border payment aggregators in India?
- When did the Reserve Bank of India make its first repo rate cut since May 2020?
- In April 2025, the Reserve Bank of India (RBI) mandated banks to move to the '.bank.in' domain by ________.
What is the name of the new regulatory body formed by the Reserve Bank of India in May 2025 to supervise India's payment systems?
