India, April 16 -- India has taken a further step towards strengthening the security of its financial ecosystem, with the Department of Telecommunications (DoT) and the Securities and Exchange Board of India (SEBI) signing a memorandum of understanding (MoU) to improve coordination in tackling the misuse of telecom resources in financial fraud and investment scams.

According to a statement issued by the Ministry of Communications on 15 April 2026, the agreement aims to enhance collaboration between telecom authorities and market regulators, reflecting a growing need to address cyber-enabled financial crime through cross-sector coordination.

The MoU was signed by senior officials from both organisations, marking a move towards closer int...