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NARCL recovers ₹4,364 crore in FY26 as government steps up action on mule account frauds

NARCL recovers ₹4,364 crore in FY26 as government steps up action on mule account frauds

NARCL achieved significant recoveries in 2025-26, nearing its acquisition target. Meanwhile, officials met to address rising digital financial frauds. Discussions focused on combating cyber criminals using mule accounts. Strengthened collaboration among agencies and banks is planned. Real-time intelligence sharing and faster response mechanisms will be key to preventing fraud.

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