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As digital arrests rise, Parliament panel pitches a plan to hunt down cyber cons
MINT· 2025-09-25 09:22
New Delhi/Mumbai: To crack down on surging online financial frauds such as ‘digital arrests’, a parliamentary panel has recommended that banks use government-issued IDs to trace, freeze, and blacklist mule accounts siphoning crores of rupees. Experts call it a crucial first step, but banks warn implementation will be difficult. Discussions have begun at ministerial levels to understand how the recommendations by a parliamentary standing committee on home affairs can be implemented to reduce the extent of on ...