After the fallout of the recent case at public-sector lender UCO Bank involving erroneous money transfers, the Finance Ministry has called for a meeting on Tuesday (November 28) to discuss digital payment frauds, financial crimes and cybersecurity measures required to counter these activities.
From strengthening the National Cyber Crime Reporting Portal (NCRP), closely monitoring when dormant accounts become operational, to taking stock of the illegal loan app fiasco, the meeting will cover a wide range of issues facing India’s financial ecosystem currently. The meeting will be chaired by Financial Services Secretary Vivek Joshi.
This story is subscriber only!
Now subscribe at a special Republic Day offer of Rs 75/month.
Subscribe Now
Already a subscriber? Sign in