India’s NBFC sector occupies a particular position in the financial system. It serves borrowers that banks typically won’t, including MSMEs, self-employed professionals, informal traders who operate largely in cash, and small manufacturers with limited credit histories. That accessibility makes NBFCs essential to financial inclusion. It also makes them attractive channels for money laundering. The Prevention […]
Designed for high-value, real-time transfers, RTGS transactions are irreversible. Once money leaves an account, recovery is difficult. This means RTGS transactions are a prime target for fraudsters. For instance, in October 2025, a major scam happened in Mumbai. A victim was duped of Rs 58 crore via RTGS into various accounts under the pretext of […]
You have a competent forensic team that excels in financial investigations. However, when money laundering transactions involve multiple bank accounts and thousands of transactions, does FIFO analysis still take weeks? These delays could leave your institution vulnerable and also pose a threat to a country’s financial system, its integrity, and sovereignty. So what is the […]
Money laundering is clearly one of the biggest threats to India’s financial and economic stability. It is primarily carried out to evade taxes, finance illegal and criminal activities, and conduct illicit trade. The Enforcement Directorate (ED) revealed that it registered over 5,900 money laundering cases between 2014 and 2024. The total value of money laundering […]
