#FactCheck-RBI's Alleged Guidelines on Ink Colour for Cheque Writing
Executive Summary:
A viral message is circulating claiming the Reserve Bank of India (RBI) has banned the use of black ink for writing cheques. This information is incorrect. The RBI has not issued any such directive, and cheques written in black ink remain valid and acceptable.
Claim:
The Reserve Bank of India (RBI) has issued new guidelines prohibiting using black ink for writing cheques. As per the claimed directive, cheques must now be written exclusively in blue or green ink.
Fact Check:
Upon thorough verification, it has been confirmed that the claim regarding the Reserve Bank of India (RBI) issuing a directive banning the use of black ink for writing cheques is entirely false. No such notification, guideline, or instruction has been released by the RBI in this regard. Cheques written in black ink remain valid, and the public is advised to disregard such unverified messages and rely only on official communications for accurate information.
As stated by the Press Information Bureau (PIB), this claim is false The Reserve Bank of India has not prescribed specific ink colors to be used for writing cheques. There is a mention of the color of ink to be used in point number 8, which discusses the care customers should take while writing cheques.
Conclusion:
The claim that the Reserve Bank of India has banned the use of black ink for writing cheques is completely false. No such directive, rule, or guideline has been issued by the RBI. Cheques written in black ink are valid and acceptable. The RBI has not prescribed any specific ink color for writing cheques, and the public is advised to disregard unverified messages. While general precautions for filling out cheques are mentioned in RBI advisories, there is no restriction on the color of the ink. Always refer to official sources for accurate information.
- Claim: The new RBI ink guidelines are mandatory from a specified date.
- Claimed On: Social Media
- Fact Check: False and Misleading
Related Blogs
Executive Summary:
A widely circulated social media post claims that the Government of India has reportedly opened an account—Army Welfare Fund Battle Casualty—at Canara Bank to support the modernization of the Indian Army and assist injured or martyred soldiers. Citizens can voluntarily contribute starting from ₹1, with no upper limit. The fund is said to have been launched based on a suggestion by actor Akshay Kumar, which was later acknowledged by the Prime Minister of India through Mann Ki Baat and social media platforms. However, the fact is that no such decision has been taken by the cabinet recently, and no such decision has been officially announced.
Claim:
A viral social media post claims that the Government of India has launched a new initiative aimed at modernizing the Indian Army and supporting battle casualties through public donations. According to the post, a special bank account has been created to enable citizens to contribute directly toward the procurement of arms and equipment for the armed forces.
It further states that this initiative was introduced following a Cabinet decision and was inspired by a suggestion from Bollywood actor Akshay Kumar, which was reportedly acknowledged by the Prime Minister during his Mann Ki Baat address.
The post encourages individuals to donate any amount starting from ₹1, with no upper limit, and estimates that widespread public participation could generate up to ₹36,000 crore annually to support the armed forces. It also lists two bank accounts—one at Canara Bank (Account No: 90552010165915) and another at State Bank of India (Account No: 40650628094)—allegedly designated for the "Armed Forces Battle Casualties Welfare Fund."
The statement said,” The government established a range of welfare schemes for soldiers killed or disabled while undertaking military operations in recent combat. In 2020, the government established the 'Armed Forces Battle Casualty Welfare Fund (AFBCWF)', which is used to provide immediate financial assistance to families of soldiers, sailors and airmen who lose their lives or sustain grievous injury as a result of active military service.”
We also found a similar post from the past, which can be seen here.
Fact Check:
The Press Information Bureau (PIB) have responded to the viral post stating that it is misleading, and the Government has not launched any message inviting public donations towards the modernisation of the Indian Army or for purchasing Weapons for the army. The only known official initiative by the Ministry of Defence is the "Armed Forces Battle Casualties Welfare Fund", which is an initiative set up to support the families of our soldiers who have been marshalled or grievously disabled in the line of duty, not for buying military equipment.
In addition, the bank account details mentioned in the Viral post are false, and donations and charitable donations submitted to the account have been dishonoured.
The other false claim says that actor Akshay Kumar is promoting or heading this message-there is no official/disclosure record or announcement related to him leading or sponsoring this project. Having said that in 2017, Akshay Kumar encouraged public contributions of just one rupee per month to support the armed forces, through a web portal called “Bharat Ke Veer”. The platform was developed in partnership with the Ministry of Home Affairs
Citizens have to rely on only official government sources and ignore misleading messages on such social media platforms.
Conclusion:
The viral social media post suggesting that the Government of India has initiated a donation drive for the modernisation of the Indian Army and the purchase of weapons is misleading and inaccurate. According to the Press Information Bureau (PIB), no such initiative has been launched by the government, and the bank account details provided in the post are false, with reported cases of dishonoured transactions. The only legitimate initiative is the Armed Forces Battle Casualties Welfare Fund (AFBCWF), which provides financial assistance to the families of soldiers who are martyred or seriously injured in the line of duty. While actor Akshay Kumar played a key role in launching the Bharat Ke Veer portal in 2017 to support paramilitary personnel, he has no official connection to the viral claims.
- Claim: The government has launched a public donation message to fund Army weapon purchases.
- Claimed On: Social Media
- Fact Check: False and Misleading
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Introduction
Against the dynamic backdrop of Mumbai, where the intersection of age-old markets and cutting-edge innovation is a daily reality, an initiative of paramount importance has begun to take shape within the hallowed walls of the Reserve Bank of India (RBI). This is not just a tweak, a nudge in policy, or a subtle refinement of protocols. What we're observing is nothing short of a paradigmatic shift, a recalibration of systemic magnitude, that aims to recalibrate the way India's financial monoliths oversee, manage, and secure their informational bedrock – their treasured IT systems.
On the 7th of November, 2023, the Reserve Bank of India, that bastion of monetary oversight and national fiscal stability, unfurled a new doctrine – the 'Master Direction on Information Technology Governance, Risk, Controls, and Assurance Practices.' A document comprehensive in its reach, it presents not merely an update but a consolidation of all previously issued guidelines, instructions, and circulars relevant to IT governance, plaited into a seamless narrative that extols virtues of structured control and unimpeachable assurance practices. Moreover, it grasps the future potential of Business Continuity and Disaster Recovery Management, testaments to RBI's forward-thinking vision.
This novel edict has been crafted with a target audience that spans the varied gamut of financial entities – from Scheduled Commercial Banks to Non-Banking Financial Companies, from Credit Information Companies to All India Financial Institutions. These are the juggernauts that keep the economic wheels of the nation churning, and RBI's precision-guided document is an unambiguous acknowledgment of the vital role IT holds in maintaining the heartbeat of these financial bodies. Here lies a riveting declaration that robust governance structures aren't merely preferred but essential to manage the landscape of IT-related risks that balloon in an era of ever-proliferating digital complexity.
Directive Structure
The directive's structure is a combination of informed precision and intuitive foresight. Its seven chapters are not simply a grouping of topics; they are the seven pillars upon which the temple of IT governance is to be erected. The introductory chapter does more than set the stage – it defines the very reality, the scope, and the applicability of the directive, binding the reader in an inextricable covenant of engagement and anticipation. It's followed by a deep dive into the cradle of IT governance in the second chapter, drawing back the curtain to reveal the nuanced roles and defiant responsibilities bestowed upon the Board of Directors, the IT Strategy Committee, the clairvoyant Senior Management, the IT Steering Committee, and the pivotal Head of IT Function.
As we move along to the third chapter, we encounter the nuts and bolts of IT Infrastructure & Services Management. This is not just a checklist; it is an orchestration of the management of IT services, third-party liaisons, the calculus of capacity management, and the nuances of project management. Here terms like change and patch management, cryptographic controls, and physical and environmental safeguards leap from the page – alive with earnest practicality, demanding not just attention but action.
Transparency deepens as we glide into the fourth chapter with its robust exploration of IT and Information Security Risk Management. Here, the demand for periodic dissection of IT-related perils is made clear, along with the edifice of an IT and Information Security Risk Management Framework, buttressed by the imperatives of Vulnerability Assessment and Penetration Testing.
The fifth chapter presents a tableau of circumspection and preparedness, as it waxes eloquent on the necessity and architecture of a well-honed Business Continuity Plan and a disaster-ready DR Policy. It is a paean to the anticipatory stance financial institutions must employ in a world fraught with uncertainty.
Continuing the narrative, the sixth chapter places the spotlight on Information Systems Audit, delineating the precise role played by the Audit Committee of the Board in ushering in accountability through an exhaustive IS Audit of the institution's virtual expanse.
And as we perch on the final chapter, we're privy to the 'repeal and other provisions' of the directive, underscoring the interplay of other applicable laws and the interpretation a reader may yield from the directive's breadth.
Conclusion
To proclaim that this directive is a mere step forward in the RBI's exhaustive and assiduous efforts to propel India's financial institutions onto the digital frontier would be a grave understatement. What we are witnessing is the inception of a more adept, more secure, and more resilient financial sector. This directive is nothing less than a beacon, shepherding in an epoch of IT governance marked by impervious governance structures, proactive risk management, and an unyielding commitment to the pursuit of excellence and continuous improvement. This is no ephemeral shift - this is, indisputably, a revolutionary stride into a future where confidence and competence stand as the watchwords in navigating the digital terra incognita.
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Introduction
In today's digital age, we consume a lot of information and content on social media apps, and it has become a daily part of our lives. Additionally, the algorithm of these apps is such that once you like a particular category of content or show interest in it, the algorithm starts showing you a lot of similar content. With this, the hype around becoming a content creator has also increased, and people have started making short reel videos and sharing a lot of information. There are influencers in every field, whether it's lifestyle, fitness, education, entertainment, vlogging, and now even legal advice.
The online content, reels, and viral videos by social media influencers giving legal advice can have far-reaching consequences. ‘LAW’ is a vast subject where even a single punctuation mark holds significant meaning. If it is misinterpreted or only partially explained in social media reels and short videos, it can lead to serious consequences. Laws apply based on the facts and circumstances of each case, and they can differ depending on the nature of the case or offence. This trend of ‘swipe for legal advice’ or ‘law in 30 seconds’, along with the rise of the increasing number of legal influencers, poses a serious problem in the online information landscape. It raises questions about the credibility and accuracy of such legal advice, as misinformation can mislead the masses, fuel legal confusion, and create risks.
Bar Council of India’s stance against legal misinformation on social media platforms
The Bar Council of India (BCI) on Monday (March 17, 2025) expressed concern over the rise of self-styled legal influencers on social media, stating that many without proper credentials spread misinformation on critical legal issues. Additionally, “Incorrect or misleading interpretations of landmark judgments like the Citizenship Amendment Act (CAA), the Right to Privacy ruling in Justice K.S. Puttaswamy (Retd.) v. Union of India, and GST regulations have resulted in widespread confusion, misguided legal decisions, and undue judicial burden,” the body said. The BCI also ordered the mandatory cessation of misleading and unauthorised legal advice dissemination by non-enrolled individuals and called for the establishment of stringent vetting mechanisms for legal content on digital platforms. The BCI emphasised the need for swift removal of misleading legal information.
Conclusion
Legal misinformation on social media is a growing issue that not only disrupts public perception but also influences real-life decisions. The internet is turning complex legal discourse into a chaotic game of whispers, with influencers sometimes misquoting laws and self-proclaimed "legal experts" offering advice that wouldn't survive in a courtroom. The solution is not censorship, but counterbalance. Verified legal voices need to step up, fact-checking must be relentless, and digital literacy must evolve to keep up with the fast-moving world of misinformation. Otherwise, "legal truth" could be determined by whoever has the best engagement rate, rather than by legislation or precedent.
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