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Indians lost $25bn to digital fraud in 2025 - now its central bank is fighting back

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Indians lost $25bn to digital fraud in 2025 - now its central bank is fighting back

The RBI is mulling measures to tackle rising cases of digital fraud in India - but will they work?

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BBC News — World
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Indians lost $25bn to digital fraud in 2025 - now its central bank is fighting back3 hours agoShareSaveAdd as preferred on GoogleNikhil InamdarGetty ImagesNearly 2.5 million Indians lost $25bn to digital fraud in 2025In February, Alok (name changed), a business analyst based in the western Indian city of Pune, got a text message asking him to pay 1,000 rupees ($10.75; £7.9) as a speeding fine.The message asked him to settle the amount quickly to avoid his driving licence being suspended, prompting Alok to promptly click on the link to pay.

Excerpt limited to ~120 words for fair-use compliance. The full article is at BBC News — World.

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