RBI advises banks to use DoT’s Financial Fraud Risk Indicator to prevent cyber swindling

RBI advises banks to use DoT’s Financial Fraud Risk Indicator to prevent cyber swindling

Follow Us on Google News New Delhi, July 2 (IANS) The Department of Telecommunications (DoT) sees the RBI’s advisory to banks to integrate the Financial Fraud Risk Indicator (FRI) developed by it into their systems as a “watershed moment in the fight against cyber-enabled financial frauds”. The RBI’s advisory to all scheduled commercial banks, small … Read more