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DoT Introduces "Financial Fraud Risk Indicator (FRI)" to strengthen Cyber Fraud Prevention ➡️FRI enables Enhanced Intelligence sharing with Banks, UPI service providers and Financial Institutions ➡️Boosts cyber protection and validation checks in case of mobile numbers flagged

Secretary, Department of Financial Services (DFS) chaired a review meeting on May 21, 2025, to assess the functioning of the Insurance Ombudsmen Offices across 18 centres in India. The meeting was also attended by senior officials from DFS and IRDAI. Ministry of Finance PIB India

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👉 Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chairs meeting on review of Public Sector General Insurance Companies (PSGICs) in New Delhi today 👉 FM Smt. Nirmala Sitharaman directed PSGICs to develop innovative insurance products tailored to new and emerging

Draft Directions on Lending Against Gold Collateral issued by the ReserveBankOfIndia have been examined by DFS under guidance of Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman. DFS has given suggestions to the ReserveBankOfIndia to ensure that the requirements of the

UPI achieves a new milestone with 18.68 billion transactions in May! Thank you, India, for embracing digital payments and driving this revolution forward. Let’s continue the journey of transforming the way we transact!