Monthly Archives: July 2017

After waiting for more than 10 months and repeated reminders at all levels including the Finance Minister and the Prime Minister, RBI finally came out with its circular of 6th July 2017 titled “Customer Protection-Limited Liability in Unauthorized Electronic Banking … Continue reading →

After a long wait, the Limited Liability Circular issued on August 11, 2016  (Also refer an earlier article), has now been operationalized. In a notification released today, RBI has finally issued the circular as an operational circular. (Earlier circular was … Continue reading →

Police in Patiala have reportedly busted an “Abduction” (Kidnapping) case in which the ransom demand was made in Bitcoins. This has therefore raised a question once again about the role of Bitcoins as a  “Currency of Criminals” and the need … Continue reading →

Peer to Peer Lending (P2P lending) is a relatively recent innovation in the “FinTech” business space. It is an interesting development enabled by the development of technology platforms which can bring together people with complimentary needs instantly. The Uber, Ola … Continue reading →

On June 8, 2017, RBI issued an important document containing guidelines for Information Technology Framework for NBFC sector. The Master Direction sets detailed guidelines for managing the IT infrastructure by  NBFCs in order to enhance the safety, security and efficiency of … Continue reading →

On the historical “GST day” when a One Nation- One Tax system went on stream, a day long conference was held in Chennai about “Cash Less Economy”. Organized by InternetTechies Solutions Private Limited, the program in ITC Chola Grand  discussed several … Continue reading →