Airtel Writes to Banks, NPCI & RBI to Join Forces to Curb Digital Frauds

The company has also reached out to the RBI for 'collaboration' to create a repository of known fraudulent financial domains

- OUR CORRESPONDENT

NEW DELHI: Telecom operator Airtel has approached over 40 banks, as well as RBI and NPCI, proposing a close collaboration and a unified front to curb digital frauds, including sharing intelligence over a repository of known fraudulent financial domains.

Airtel has dialed NPCI, proposing a "closer collaboration" to create a repository of known malicious financial domains, to enable proactive blocking of malicious and rogue sites and to build a multi-layered defense to combat digital frauds.

The Sunil Mittal-led telco has also done a similar outreach with major banks, including SBI, HDFC and others, sources said. The company has also reached out to the RBI for "collaboration" to create a repository of known fraudulent financial domains.

Airtel has also favored regulatory consultations, offering its support to the Reserve Bank in building frameworks that hold OTT platforms accountable for consumer safety, especially in the context of financial communication, according to the letter.

It has also mooted joint public education campaigns to raise awareness about evolving digital fraud tactics and safe practices.