, July 15 -- Chief Secretary of the Union Territory of Ladakh, Dr. Pawan Kotwal, chaired the 4th Union Territory Level Coordination Committee (UTLCC) meeting convened by the Reserve Bank of India (RBI) in Leh on July 15.

The meeting focused on strengthening coordination among financial regulators and government departments to address rising concerns related to digital payment frauds and financial scams.

Shri Chandrashekhar Azad, Regional Director of RBI for J&K and Ladakh, delivered a detailed briefing on the purpose of the meeting and highlighted the alarming increase in online financial frauds, spam websites, and deceptive digital applications.

He emphasized the need for close collaboration between the RBI, Government of India, and U...