MOS utility

Panel Discussion Banking Correspondent Frauds: Emerging Threats & Industry Safeguards

Topic: Banking Correspondent Frauds: Emerging Threats and Industry Safeguards

Date: April 8, 2025

We are proud to announce that Mr. Chirag Shah, Founder & Chairman of MOS Utility Limited, was invited as a panelist for an insightful webinar hosted by the Grameen Foundation on the evolving threats and safety measures in the Banking Correspondent (BC) ecosystem.

During the session, Mr. Shah shared his strategic insights on how the BC network can be made more robust and secure through:

• Technology-Driven Authentication & Monitoring for proactive fraud prevention

• Standardized Training & Compliance Protocols across BC networks to ensure operational integrity

• Cross-sector Collaboration among fintech players, regulators, and ecosystem stakeholders to promote transparency and inclusivity

He emphasized that trust, transparency, and tech-enablement are the cornerstones of a resilient and fraud-resilient Banking Correspondent model—especially when serving India's last-mile communities.

The session was skillfully moderated by Dr. Vaibhav S Joshi, and featured a distinguished panel of thought leaders and practitioners including:

• Vismay Bhatt – BuckBox

• Purvi Bhavsar – Pahal Financial Services

• Lallit Tripathi – Vedant Assets Limited

Our Commitment:

At MOS Utility, we remain steadfast in our mission to provide secure, scalable, and inclusive financial solutions for India's underserved and unbanked regions. This engagement reflects our continued focus on strengthening trust within the BC ecosystem while championing the values of accessibility and innovation.

I have worked with MOS Utility for the Past 14 Years. I started my Journey as a MOS Agent, now I am a Master Distributor. MOS gave me a Business Platform on Low Investment. And I have been growing exponentially ever since. Thank you MOS Utility Limited

-By Kaashinath Chauhan, Pune, Maharashtra

I have worked in 5 States and I have been successful in all of them. All credit goes to MOS Utility. I can proudly say that with the Help of MOS Utility have Grown and Earned so much. Thank you MOS Utility for the Impeccable Support for all these years.

-By Bharat kumar jha, Supaul, Bihar

We are excited to announce the launch of our first MSK in Mumbai! This is a significant milestone for our company as we expand our reach and bring our products and services to a new market. Our MSK in Mumbai will offer the same high-quality products and exceptional customer service that our brand is known for. We have carefully selected a prime location in the city to ensure convenience and accessibility for our customers... At our Mumbai MSK, you can expect a wide range of products to cater to various needs and preferences. Our knowledgeable owner will be available to assist you in providing any necessary guidance. We are confident that our MSK in Mumbai will be a success, thanks to the support and loyalty of our customers. We look forward to serving the Mumbai community and building lasting relationships with our new customers. #digitalbanotarrrakikaro #mosutilitylimited

Mumbai, Maharashtra

ONDC –MOS tie up will embark huge opportunities to small retail sellers across India. Now these small Businesses can reach to lakhs of consumers across India through MOS Kart. Giving opportunities to small Business and retailers. As a network partner of ONDC MOS Kart would be providing a platform to all sellers to sell their products with high visibility across pan India. This tie-up will help small businesses to reach many customers on one platform. MOS kart will ensure higher sales to retailers and struggling Business houses. #digitalbanotarrakikaro #mosutilitylimited