📷 Image: Wikimedia Commons / Soham Banerjee
Business
RBI Proposes New Safety Measures to Curb Digital Fraud
✍️ News On AIR
🗓 20 Jul 2026, 04:21 AM
👁 14
The Reserve Bank of India has announced a set of new safety measures aimed at reducing digital fraud incidents across the country.
The Reserve Bank of India (RBI) has announced a set of new safety measures designed to curb digital fraud across the country.
In a statement released today, the central bank outlined a framework that aims to strengthen security protocols for online transactions. While the RBI did not disclose the specific details of the measures, it emphasized the importance of enhanced authentication and real‑time monitoring.
The move is expected to prompt banks and fintech firms to review and upgrade their security practices, thereby reducing the risk of fraud for consumers.
RBI has indicated that it will monitor the implementation of these measures and may issue further guidelines as needed.
In a statement released today, the central bank outlined a framework that aims to strengthen security protocols for online transactions. While the RBI did not disclose the specific details of the measures, it emphasized the importance of enhanced authentication and real‑time monitoring.
The move is expected to prompt banks and fintech firms to review and upgrade their security practices, thereby reducing the risk of fraud for consumers.
RBI has indicated that it will monitor the implementation of these measures and may issue further guidelines as needed.