Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Daily Archives: February 11, 2013
RBI is recommending unreasonable and Usurious charges for customers
I draw the attention of the Governor of RBI to the latest discussion paper released by RBI for disincentivising the use of cheques. If we go through some of the suggestions it appears that RBI has simply gone crazy. It … Continue reading
Posted in Bank, Cyber Crime, ITA 2008
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RBI out to openly violate laws of banking
Section 5(b) of the Banking regulation act of India defines “Banking” as follows: “banking” means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawal by cheque, … Continue reading
Posted in Bank, Cyber Crime, ITA 2008
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Phishing Frauds and Customer Liability
Here is an interesting paper about how in US and EU, losses arising out of password thefts such as Phishing are not borne by the customers. RBI needs to take special note of this. In particular I would like to … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, Information Assurance
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Internet Censorship-Case In Kerala posted for hearing
The public interest litigation on Internet censorship filed in Kerala High court by an advocate Shojan Jacob is expected to be heard in the Keral High Court shortly. The petition which has highlighted the Section 79 rules under which arbitrary … Continue reading
Posted in Cyber Law, ITA 2008, Uncategorized
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Usage of Cheques are being disincentivised
Reserve Bank of India has released a discussion paper on a plan to disincentivise usage of cheques. Public have been asked to send their comments before February 28, 2012. Disincentivisation of cheques automatically means greater push to the electronic banking … Continue reading
Posted in Bank, Cyber Crime
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