New Delhi: The Indian Cyber Crime Coordination Centre (I4C) under the Ministry of Home Affairs and the Reserve Bank Innovation Hub (RBIH) have signed a Memorandum of Understanding (MoU) to enhance cooperation in detecting and preventing financial frauds and curbing mule accounts in the banking and digital payments ecosystem.

The partnership aims to facilitate sharing of fraud-risk intelligence, analytical support and operational coordination to build stronger and proactive fraud prevention mechanisms.

Union Home Minister Amit Shah said the government is continuously working towards building a cyber-secure India. In a post on X, he said the agreement would leverage artificial intelligence to detect and eliminate hidden mule accounts by integrating data from I4C's Suspect Registry with AI-driven fraud detection systems.

The MoU was signed by Roopa M, Inspector General (Admin), I4C, and Sahil Kinni, Chief Executive Officer of RBIH, in the presence of senior RBI and I4C officials.