DoT, SEBI Sign Pact To Curb Financial Frauds Using Telecom Intelligence And Real-Time Data Sharing
DoT and SEBI have signed an MoU to share telecom intelligence and curb financial frauds. Using tools like FRI and MNRL, the collaboration enables early detection of suspicious activity. The initiative builds on efforts that have already helped prevent losses of around Rs 2300 crore.
Government agencies join forces to use telecom data and market surveillance tools to prevent financial scams | IANS (Representational Image)
New Delhi, April 15, 2026: The Centre's Department of Telecommunications and the Securities and Exchange Board of India (SEBI) have signed a Memorandum of Understanding to share telecom intelligence to reinforce the security of India’s financial ecosystem, an official statement said on Wednesday.
Agreement to tackle telecom-linked frauds
The agreement will strengthen the cooperation between the institutions in tackling the misuse of telecom resources in securities market frauds and investment-related scams.
A Communications Ministry statement said that the strategic partnership marked a significant step towards deeper convergence between telecom intelligence and financial market regulation.
Data-sharing mechanism for early detection
The agreement is centred on a structured data-sharing mechanism aimed at early detection and disruption of fraudulent activities.
Under the agreement, DoT will share the Financial Fraud Risk Indicator (FRI) with SEBI to help identify mobile numbers linked to suspicious patterns through multi-dimensional analysis.
Mobile number monitoring and verification
The Mobile Number Revocation List (MNRL) will also be shared automatically, enabling SEBI-regulated entities, including brokers and asset management companies, to ensure that investor accounts are associated only with active and valid mobile connections.
Reciprocal intelligence exchange
In a reciprocal arrangement, SEBI will provide inputs on telecom resources linked to accounts involved in cyber fraud, impersonation, or money mule activities, allowing swift action in the telecom domain.
DoT’s Digital Intelligence Platform (DIP), which currently connects over 1,400 stakeholders, will enable this intelligence exchange by facilitating real-time sharing of actionable information across institutions.
Boost to digital investment security
The collaboration assumes particular significance in the context of India’s rapidly expanding digital investment landscape. By integrating telecom intelligence with market surveillance systems, the MoU enables a transition from reactive enforcement to proactive prevention, the statement noted.
Early warning system and impact
The Financial Fraud Risk Indicator, drawing upon inputs from DoT’s Chakshu facility under Sanchar Saathi, financial institutions, and Law Enforcement Agencies, will act as an early warning system to flag potentially fraudulent mobile connections before they are leveraged for financial scams.
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The partnership builds upon the strong foundation laid by DoT’s ongoing initiatives. Under Sanchar Saathi, over 88 lakh fraudulent mobile connections have already been disconnected using ASTR. The deployment of FRI has helped prevent financial losses of approximately Rs 2300 crore in the past ten months.
(Disclaimer: Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)
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