I4C and Reserve Bank Innovation Hub sign MoU for AI-driven detection of mule accounts
On 12 May 2026 the Indian Cyber Crime Coordination Centre (I4C) of MHA and the Reserve Bank Innovation Hub (RBIH) signed an MoU to feed I4C's Suspect Registry data into AI-driven fraud detection to catch mule accounts.
Summary
The Indian Cyber Crime Coordination Centre (I4C) of the Ministry of Home Affairs and the Reserve Bank Innovation Hub (RBIH) signed an MoU on 12 May 2026 to fight cyber-enabled financial fraud and mule accounts. Under the MoU, mule-account intelligence and suspect identifiers from I4C's Suspect Registry will feed RBIH's AI-driven fraud detection systems, with cooperation on risk-intelligence sharing, analytics and operational coordination. Home Minister Amit Shah said mule accounts are big hurdles in curbing cyber crime and that the move would swiftly detect and cull hidden mule accounts. The MoU was signed in the presence of RBI Deputy Governor Rohit Jain.
Key facts
- Signed
- 12 May 2026
- Parties
- I4C (MHA) and Reserve Bank Innovation Hub
- Mechanism
- I4C Suspect Registry data to AI-driven fraud detection
- Target
- Mule accounts and cyber-enabled financial fraud
Practice MCQs 2 questions
In the May 2026 MoU with I4C on mule accounts, 'RBIH' stands for:
Show answer
Correct answer: C — Reserve Bank Innovation Hub
RBIH is the Reserve Bank Innovation Hub, which signed the MoU with the Indian Cyber Crime Coordination Centre.
The Indian Cyber Crime Coordination Centre (I4C) functions under which ministry?
Show answer
Correct answer: B — Ministry of Home Affairs
I4C is part of the Ministry of Home Affairs, and its Suspect Registry data will feed RBIH's AI fraud detection.