Financial Fraud Risk Indicator
- On 22nd May 2025, the Department of Telecommunications (DoT) launched a Financial Fraud Risk Indicator (FRI) to help financial institutions detect and prevent cyber fraud tied to mobile numbers.
- The Financial Fraud Risk Indicator (FRI) is a sophisticated analytical tool that evaluates mobile numbers for potential involvement in financial fraud and flags them accordingly.
- FRI categorizes mobile numbers under three risk levels—Medium, High, and Very High—based on their association with cyber fraud patterns and suspicious activity.
- The tool is designed to provide proactive, real-time intelligence to banks, Non-Banking Financial Companies (NBFCs), and UPI service providers, enabling pre-emptive fraud prevention.
- When ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Economy Watch
- 1 India Lists First Mortgage-Backed Pass Through Certificates on NSE
- 2 Bond Forward in G-Secs
- 3 4th Phase of Consolidation of Regional Rural Banks
- 4 SIDBI’s Report on MSME Sector
- 5 Pradhan Mantri Formalisation of Micro Food Processing Enterprises Scheme
- 6 RBI’s Surplus Transfer: A Catalyst for India’s Economic Growth
- 7 RBI’s Digital Lending Directions 2025
- 8 RBI Recognises FIMMDA as SRO
- 9 MSP for Jute
- 10 Expansion of the Credit Guarantee Scheme for Startups