Among the banks, SBI, BoB administration are additionally anticipated to attend the assembly.
The Finance Ministry and the Reserve Bank of India officers will meet banks, fee aggregators to debate cyber fraud points.
With the target of tackling the rising menace of cyber fraud and knowledge breaches, the Finance Ministry and the Reserve Bank of India (RBI) have scheduled a pivotal assembly on November 28, involving representatives from the banking and fintech domains.
According to a report by CNBC-TV18, the assembly shall be headed by the Secretary of the Department of Financial Services (DFS), and can witness the participation of entities such because the National Payments Corporation of India (NPCI), Ministry of Electronics and Information Technology, Ministry of Home Affairs, DoT, Telecom Regulatory Authority of India (TRAI), Unique Identification Authority of India (UIDAI), and FIU officers.
Among the banks, SBI and BoB administration are additionally anticipated to attend the assembly.
The assembly is anticipated to delve into the alarming rise of digital fee fraud and the advanced challenges in curbing these illicit actions. The latest upsurge in cyber threats underscores the urgent want for a unified method to fortifying cybersecurity measures.
Recently, the federal government additionally met Google to grasp their monetary danger mitigation framework.
