Mumbai — The Reserve Bank of India became the world’s only major central bank to gain one-million followers on Twitter, boosting efforts to foster financial literacy in a society that is traditionally underbanked and vulnerable to frauds.

The bank’s Twitter handle @RBI reached the one-million mark on Sunday, governor Shaktikanta Das said via a tweet. That’s up from about 892,000 followers it had in June, and compares with about 678,000 followers for the US Federal Reserve, a little over 591,000 for the European Central Bank and a tad above 317,000 for the Bank of England...

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