84% of Indian banking leaders report rising fraud losses, AI-driven threats emerge as major concern: Report

Jun 11, 2026

As artificial intelligence increasingly reshapes the financial sector, Indian banks are facing a sharp rise in fraud-related challenges, with 84 per cent of banking...

Delhi police bust international cyber fraud syndicate, 1 held

Oct 07, 2023

According to an official statement, the operation began following a complaint received at the Cyber Police Station, reporting a cyber fraud incident involving a...

AI-driven governance essential for detecting fraud, managing high financial data volatility: Experts

Jul 07, 2026

Industry leaders and financial experts highlighted the necessity of integrating Artificial Intelligence (AI) into financial reporting and corporate auditing while maintaining rigorous human oversight...

Cyber fraud crackdown: Centre blocks over 3,700 mobile apps, saves Rs 11,158 crore

Aug 11, 2026

The Ministry also said that a financial amount of more than Rs 11,158 crore has been saved in over 32.80 lakh complaints received through...

RBI imposes Rs 1 crore penalty on Union Bank of India for non-compliance with certain provisions of its directions

Nov 29, 2021

New Delhi [India], November 29 : The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1 crore on the Union...

SEBI introduces exemptions from technical glitch framework, drops 60% firms from compliance net

Jan 09, 2026

The revised framework simplifies the reporting requirement by providing the extension of time for reporting of technical glitches (from one hour to two hours),...