RBI mulls setting up of fraud registry to check banking frauds - Shahpur Turk CSC - Common Service Centre in Sonipat RBI mulls setting up of fraud registry to check banking frauds

31 August 2022

RBI mulls setting up of fraud registry to check banking frauds

As part of its efforts to strengthen customer protection, Reserve Bank is considering setting up a fraud registry to create a database of fraudulent websites, phones and various modus operandi used for digital fraud. Such a database will help prevent these fraudsters from repeating the fraud as the websites or phone numbers would be blacklisted, RBI executive director Anil Kumar Sharma said on Monday.

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