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SIM-binding to plug security gap: Govt

Financial Express Kolkata

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December 02, 2025

PEGGING CYBER-FRAUD losses at over 22,800 crore in 2024 alone, the government on Monday said its latest directions on mandatory, continuous SIM-device binding for use of messaging apps are “essential to plug a concrete security gap” that cybercriminals are exploiting to run large-scale, often cross-border, digital frauds.

The direction does not affect the cases where the SIM is present in the handset, and the user is on roaming, the Ministry of Communications assured in a release.

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Affordability isn’t a hoax, also not a crisis for most

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Exports can reach $1 bn every year, says Goyal

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Easier audit standards for smaller firms soon

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Finmin streamlines recruitment for PSBs

THE FINANCE MINISTRY has undertaken several initiatives aimed at streamlining the timelines for recruitment examinations for the public sector banks and declaration of their results.

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Financial Express Kolkata

RBI buys ₹50K-cr bonds via OMO, first since May

THE RESERVE BANK of India on Thursday completed the first of two open-market bond purchases for December, taking its debt buys this financial year to a record ₹3.16 lakh crore.

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Financial Express Kolkata

Microsoft ties up with 4 IT firms to boost agentic AI

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Financial Express Kolkata

RBI relaxes transaction account norms for banks

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time to read

1 mins

December 12, 2025

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