Cyber Fraud

RBI Advises Banks to Integrate DoT’s Financial Fraud Risk Indicator

Official Press

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The Reserve Bank of India has directed all banks to integrate the Financial Fraud Risk Indicator (FRI) developed by the Department of Telecommunications (DoT) to combat cyber-enabled financial fraud. The FRI classifies mobile numbers based on their risk of financial fraud, allowing banks to take preventive measures in real-time. This initiative marks a significant step in enhancing digital security and trust in India's financial ecosystem, aligning with the government's Digital India vision.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link