Chandigarh, Sep 7 (PTI) The Haryana government on Monday discussed ways to tackle financial frauds and reviewed the progress of various initiatives aimed at creating awareness among the people.

Haryana Chief Secretary Anurag Rastogi chaired a meeting with stakeholders to review the evolving nature of financial frauds, investor protection measures, emerging cyber threats and technology-based initiatives aimed at strengthening financial security in the state.

The 16th meeting of the State Level Coordination Committee (SLCC), convened by the Reserve Bank of India (RBI), reviewed the action taken on issues discussed during the previous SLCC meeting and examined matters relating to alleged financial fraud, unauthorised deposit collection, complaints received through the SACHET portal, market intelligence inputs and recent initiatives for creating greater financial awareness among citizens, an official statement said.

Vivek Srivastava, Regional Director, RBI, informed the forum about revamping of the SACHET portal, a key platform dealing with market intelligence and complaints relating to unregulated financial activities.

The new version of the portal was launched on June 25, 2026, with a modernised user interface and workflow.

The upgraded SACHET Portal is now available in 13 national languages, expanding its accessibility to a larger section of the population. It has also been equipped with improved accessibility features for differently-abled persons.

To further assist complainants, a tutorial video demonstrating the process of filing a complaint on the portal has also been introduced.

The chief secretary directed officials to take steps to spread awareness regarding the portal.

The committee also reviewed the status of complaints received from Haryana through the portal and discussed market intelligence on new and emerging forms of financial fraud reported in the state.

Among the issues highlighted were cyber frauds involving online gaming, where fraudsters lure young users with fake in-game rewards and ways to target payment accounts linked to parental bank accounts for unauthorised transactions.

The discussions underlined the changing nature of financial fraud and the importance of awareness, intelligence-sharing and coordinated institutional response in dealing with cyber-enabled crimes.

On the technological front, the meeting was informed about MuleHunter.ai, an artificial intelligence and machine learning-based solution developed by the Reserve Bank Innovation Hub (RBIH) for the detection of mule accounts. The system has been deployed across 31 major banks.

The RBI informed the Committee that more than 25,000 financial literacy programmes have been conducted across Haryana, as part of efforts to increase awareness about financial services, safe banking and protection against financial fraud.

The Reserve Bank has also launched its podcast series, "RBI Talks: Paisa to Policy," on YouTube. The initiative seeks to simplify complex financial subjects and make financial knowledge more accessible and inclusive. PTI SUN HVA