Skip to content
Free updates Login
SSCBankingNABARD / RBI

MuleHunter.ai: RBIH Tool to Spot Mule Accounts

20 November 20251 min read
BANKING & FINANCEMuleHunter.ai:RBIH Tool to SpotMule Accounts20 November 2025safalsetu.com

Why in the news

MuleHunter.ai, built by RBIH, catches mule accounts as they operate, keeping fraud proceeds out of banks.

Key facts

  • A mule account receives, transfers or withdraws money for another person, often illegally; its operator is a money mule, who may act knowingly or not.
  • ULI is a lending-sector digital public infrastructure giving banks and NBFCs borrower data to improve underwriting and consumer choice.

Significance

  • Safer digital transactions; vital for first-time digital users.
  • Stronger fraud prevention in banking and lending.

Test yourself

1. Which institution developed the AI tool MuleHunter.ai?

MuleHunter.ai was developed by RBIH.

2. What does MuleHunter.ai detect in real time?

It flags mule accounts used to move fraudulent funds.

3. Which RBIH initiative provides lenders access to borrowers' financial and non-financial data?

The ULI gives banks and NBFCs that data for better underwriting.

This topic is part of Daily Current Affairs 20 November 2025 (16 topics).

All topics of the dayDay quizNovember 2025

Read more