Information on safely handling your finances is necessary to protect yourself against potential scams and frauds and to protect your assets. It is important to be aware of secure banking practices, particularly for online transactions. Additionally, awareness of investment risks or credible investment options is important while making financial decisions and avoiding future legal problems. Here are some reliable websites which provide information on financial safety in India:

1. Reserve Bank of India (RBI): RBI is India’s central bank and controls the country’s banking system. RBI has a website dedicated to financial education. The website has a wide variety of material in the form of text, videos and games to create awareness of good financial practices, digital banking and consumer protection. The materials are available in thirteen Indian languages.
2. Insurance Regulatory and Development Authority of India (IRDAI): IRDAI is a regulatory body for insurance companies in India. It watches over insurance companies to make sure they’re financially strong and have enough money to pay claims. IRDAI has a consumer education website that has information on buying different kinds of insurance, such as life, health, motor, property, etc. It also resources on topics such as making claims and raising complaints.
3. Securities and Exchange Board of India (SEBI): SEBI monitors the stock market in India and makes sure that companies provide correct information to investors. SEBI has created a website to educate the public about securing personal finance, the importance of saving, inflation, retirement planning, insurance, etc. The website also provides information on investment methods as well as the do’s and don’ts while investing. You can go through this website if you are planning to start financial investments.
4. National Centre for Financial Education (NCFE): NCFE is a not-for-profit company developed based on the National Strategy for Financial Education of Financial Stability and Development Council to promote financial education across India for all sections of the population. NCFE website also offers a free e-learning course on basic financial education covering topics such as Banking, Securities Markets, Insurance and Pension products. There are separate programs for educating school students (MSSP), college students (FACT), teachers (FETP) and other adults (FEPA). The website also has additional videos on government schemes and pension schemes.
5. Pension Fund Regulatory and Development Authority (PFRDA): PFRDA is a government regulatory body under the Ministry of Finance which monitors all pension schemes. PFRDA has developed a website called Pension Sanchay, which aims to provide information on managing your finances, including planning for retirement.
6. MyGov: MyGov was launched in 2014 by the Government of India to connect the public with the government. The platform has a ‘StaySafeOnline’ campaign to ensure citizen safety in the age of increasing digital transactions. The awareness website covers a wide variety of topics, from ATM security to employment scams.
7. Myscheme: Myscheme is another digital platform created by the Government of India to provide information on the various government schemes and the processes for application. This prevents the need to go to multiple websites, reducing the chances of false information or scams.
8. Akshaya: The Akshaya Project of the Government of Kerala started as a program for increasing digital literacy in Kerala. The website also offers a digital financial literacy program to increase knowledge and safety around governmental, financial and other transactions. 

 Financial Scams: An advisory on steps that may be taken to prevent phone fraud is available at www.mha.gov.in. The National Cyber Crime Reporting Portal also has information on preventing cyber crimes, including net and online fraud. Many state police websites (e.g., Meghalaya Police and Kerala Police) also have resources to ensure safety during online financial transactions. Additionally, your banks also likely have resources on safe banking practices, which you may refer to for your transactions.

Article by: Aysha Jennath

Disclaimer:

1. These websites have been compiled in good faith with the sole intention of helping people.
2. You could also visit other websites or resources available for financial advice. However, we always advise individuals to use caution and their own discretion while relying on any resource including the ones mentioned in this article.