DoT and FIU-IND Sign MoU to Strengthen Fight Against Cyber-Crimes and Financial Frauds.

In September 2025, the Department of Telecommunications (DoT), Ministry of Communications, signed a Memorandum of Understanding (MoU) with the Financial Intelligence Unit-India (FIU-IND), Ministry of Finance, to enhance real-time data sharing and coordination for curbing cyber-crimes and financial frauds in India.

      - The MoU was signed by Sanjeev Kumar Sharma, Deputy Director General (AI & Digital Intelligence Unit – DIU), DoT, and Amit Mohan Govil, Director, FIU-IND, in the presence of Dr. Neeraj Mittal, Secretary, DoT, and Arvind Shrivastava, Secretary, Department of Revenue (DoR), Ministry of Finance.

      - The partnership enables real-time exchange of Financial Fraud Risk Indicator (FRI) data—classifying mobile numbers as medium, high, or very high risk—and the Mobile Number Revocation List (MNRL), containing details of disconnected fraudulent numbers.

Main Point :-   (i) FIU-IND will provide details of mobile numbers linked to bank accounts flagged under Suspicious Transaction Reports (STRs), ensuring early identification of fraud patterns and stronger prevention mechanisms.

      (ii) The data exchange will be facilitated through DoT’s Digital Intelligence Platform (DIP) and FIU-IND’s Finnex 2.0 portal, ensuring secure and seamless flow of fraud-related intelligence.

(iii) This MoU complements government efforts like Sanchar Saathi, which has already disconnected 2.84 crore fraudulent mobile connections and blocked 48 lakh suspicious transactions, saving nearly Rs. 140 crore from potential frauds.