The Indian Financial Intelligence Unit (FIU) under the finance ministry also received more than 200 requests from foreign economic intelligence agencies requesting information on suspicious transactions in the country's channels.
India has entered into partnerships with four countries including USA and Canada for sharing of classified information on terror financing, money laundering and illegal money in respective financial channels.
The Indian Financial Intelligence Unit (FIU) under the finance ministry also received more than 200 requests from foreign economic intelligence agencies requesting information on suspicious transactions in the country's channels.
The FIU this year signed memoranda of understanding (MoU) with the Financial Crimes Enforcement Network of US, the Canadian Financial Transactions and Reports Analysis Centre, Australian Transaction Report and Analysis Centre and the Sri Lankan FIU, sources in the finance ministry said.
India also sent almost 78 requests to international FIUs to obtain information regarding terror financing and transactions related to Hawala, they said.
The number of such requests by Indian intelligence and enforcement agencies to their foreign counterparts increased more than four times as during the 2008-09 financial year, only 17 such requests were made.
The requests made by the country's agencies, according to sources, pertained to huge money transfers that had a connection to Indian financial channels.
"Similar MoUs with almost 30 other countries are in the pipeline," they said.
The Indian FIU is the central national agency responsible for receiving, processing, analysing and disseminating information relating to suspect financial transactions which it receives from banks and other financial institutions.
Cases of suspected terror financing and crime related money went up by almost 400% in the country's banking and monetary channels during the last financial year.
More than 17,000 suspicious transaction reports were generated by the FIU with the maximum reports of such transactions being received and reported by the banking channels of the country.
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