According to data from the National Cyber Crime Reporting Portal, around 28 lakh cyber fraud cases were reported in 2025, resulting in losses of about 22,931 crore rupees. File Photo.
The RBI said the proposals are aimed at improving transaction security and strengthening safeguards in the digital payments ecosystem.
RBI Issues New Digital Payment Rules After 28 Lakh Cyber Fraud Cases in 2025
The Reserve Bank of India has released a discussion paper proposing additional measures to strengthen security in digital payments and curb cyber fraud. The central bank has invited public comments and feedback through its Connect 2 Regulate platform on its website, with the consultation open until May 8.
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According to data from the National Cyber Crime Reporting Portal, around 28 lakh cyber fraud cases were reported in 2025, resulting in losses of about 22,931 crore rupees.
Key measures proposed by the RBI include:
- A one-hour delay in completion of digital payments above 10,000 rupees, during which the customer’s account will be provisionally debited and the transaction can be cancelled
- Additional authentication for senior citizens and persons with disabilities through a trusted individual for high-value transactions
- A switch on and off facility for digital payment modes and the ability to set transaction limits at the account level
- Restrictions to prevent misuse of bank accounts as “mule” accounts for routing proceeds of digital fraud, including enhanced review of credit activity
The RBI said the proposals are aimed at improving transaction security and strengthening safeguards in the digital payments ecosystem.
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