India, July 3 -- The Department of Telecommunications (DoT) has commended the Reserve Bank of India's (RBI) advisory dated 30 June 2025, which calls on all Scheduled Commercial Banks, Small Finance Banks, Payments Banks, and Co-operative Banks to integrate the Financial Fraud Risk Indicator (FRI) into their systems. This move is aimed at strengthening the fight against cyber-enabled financial fraud.

The FRI is a risk assessment tool developed by the Digital Intelligence Unit (DIU) of the DoT. It is designed to enhance real-time fraud detection across India's digital financial infrastructure.

In a statement issued on Wednesday, 2 July 2025, the Ministry of Communications described the RBI's directive as "a watershed moment in the fight a...