I4C and RBIH Sign MoU to Combat Cyber Financial Frauds

• 14 May 2026

On 13th May 2026, the Indian Cyber Crime Coordination Centre (I4C) and the Reserve Bank Innovation Hub (RBIH) signed a Memorandum of Understanding (MoU) to strengthen efforts against cyber-enabled financial frauds and mule accounts.

• The agreement aims to improve fraud-risk intelligence sharing, analytical support and operational coordination across India’s banking and digital payments ecosystem.
• The collaboration will support AI-based fraud detection tools such as MuleHunter.ai to identify suspicious financial activity and hidden mule accounts.
• Under the MoU, I4C will share intelligence and suspect identifiers from its Suspect Registry with RBIH for training AI-powered fraud-risk assessment models.
• The initiative is expected to strengthen India’s cybercrime response ecosystem and improve trust in digital banking and payment systems.
• The Indian Cyber Crime Coordination Centre operates platforms such as the National Cybercrime Reporting Portal and the Suspect Registry to enhance cybercrime monitoring and intelligence sharing.
• The Reserve Bank Innovation Hub promotes technology-driven innovation and AI-enabled fraud detection frameworks to improve safety and resilience in digital transactions.