‘DoT’s fraud indicator prevents ₹1,400 crore in potential losses’

The Department of Telecommunications’ (DoT) Financial Fraud Risk Indicator (FRI) has prevented potential financial losses of more than ₹1,400 crore since its launch in May 2025, Union minister Jyotiraditya Scindia informed the Rajya Sabha on Thursday.

The risk-scoring system flags mobile phone numbers as medium, high or very high fraud probability, enabling banks, non-banking financial companies and Unified Payments Interface (UPI) providers to deploy real-time safeguards including alerts, transaction delays, warnings and declined transactions.