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‘Money mule’ bank accounts on the rise in India: Report

Feb 22, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Regulation, Risk Management, Technology

Mule accounts are owned by people who are duped by fraudsters into...

FSDC to formulate strategy to digitalise KYC process in financial sector, curbing illegal online lending

Feb 21, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology

(Lto R) Shaktikanta Das, Governor, Reserve Bank of India, Nirmala...

Indian regulators seek to crack down on potential fraud in financial sector

Feb 21, 2024 | Banking & Bancassurance, Eco/Invest/Demography, Indian News, Intermediaries, Regulation, Risk Management, Technology

While Indian banks have boosted spending on technology to detect...

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