New Delhi, April 9 -- In a step towards strengthening India's fight against cyber fraud and financial crimes, the Financial Intelligence Unit-India (FIU-IND) and the Indian Cyber Crime Coordination Centre (I4C) signed a Memorandum of Understanding (MoU) to enhance information sharing and coordination.

According to a statement released by the Ministry of Finance, "The MoU was signed by Amit Mohan Govil, Director, FIU-IND, and Rajesh Kumar, Chief Executive Officer, the Indian Cyber Crime Coordination Centre (I4C), marking a new era of collaborative intelligence sharing between the two agencies at the forefront of India's fight against cyber fraud and financial crimes."

The collaboration comes at a juncture where India's digital payment ec...