MUMBAI (Reuters) - India's central bank governor on Friday cautioned lenders against rising instances of frauds in digital payments and said that the regulator will launch secure website domain names to curb such fraudulent practices.
"Increased instances of fraud in digital payments are a significant concern," Reserve Bank of India (RBI) Governor Sanjay Malhotra, who is an engineer from the Indian Institute of Technology Kanpur, said while announcing the policy decision.
