Current Affairs - State - Discussion

The 8th State Level Coordination Committee (SLCC) Meeting was held in Gangtok, Sikkim, organized by the Reserve Bank of India (RBI). The meeting focused on critical financial security issues such as implementing the Banning of Unregulated Deposit Schemes (BUDS) Act, addressing digital financial frauds, and promoting investor awareness. Chaired by Shri Ravindra Telang, Chief Secretary of Sikkim, and attended by officials from RBI, SEBI, and state departments, the meeting aimed to strengthen collaboration between central and state authorities to enhance financial stability and fraud prevention.