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Daily Archives: February 12, 2013
Message sent to Payment and Settlement Department RBI through the website
The payment settlement department has authored the E Banking promotion policy reflected in the discussion paper on disincentivisation of cheque usage. I would like to state that this is a promotion of commercial banking business rather than technology enablement and … Continue reading
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Digital Divide threatens Indian Banking
The move from RBI to aggressively promote E Banking even in the light of repeated assertions that the E Banking risks are beyond tolerance levels and to actively discourage use of cheques and cash in Banking is likely to be … Continue reading
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RBI has been taken over by hawks
RBI has traditionally been known as consumer friendly. Top executives of RBI have always upheld the interest of common man in devising their policies. This was seen through out the days when technology made inroads to Banking. The SR Mittal … Continue reading
Posted in Bank, RBI
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Why RBI is wrong
The RBI discussion paper on disincentivisation of the use of cheques is very disturbing. The objective of the discussion paper is to get public response on the points raised in the discussion paper or rather get a public endorsement on the … Continue reading
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