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How does the NSFI 2025-30 framework propose to shield retail consumers from impersonation cyber-frauds and phishing tactics under Jyoti V?

Q: Answer-How does the NSFI 2025-30 framework propose to shield retail consumers from impersonation cyber-frau...

To combat predatory phishing and impersonation frauds, Jyoti V mandates structural consumer protection guardrails, including setting up pre-notified communication registries so users can easily distinguish verified bank calls from fraudulent actors.

A By blocking all digital transactions originating outside a consumer’s home state.

B Through the implementation of official, pre-notified/pre-intimated communication registries.

C By mandating bi-weekly password changes for all active digital wallets.

D Eliminating telephonic customer service channels across all commercial banks.

E Requiring physical biometric verification for every digital payment transaction over ₹500.

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How does the NSFI 2025-30 framework propose to shield retail consumers from impersonation cyber-frauds and phishing tactics under Jyoti V?

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