Author Archives: Vijayashankar Na

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance

New Banking Licensees- Beware of IT Companies who want to trap you.

Posted on July 9, 2013 by Vijayashankar Na

RBI has now invited applications for new banking license from private sector which has attracted 26 aspirants to make an application. Many of these are thinking of building their Banking empire on the edifice of technology. Already, Indian Banking system … Continue reading →

Posted in Bank, Cyber Crime, RBI | Tagged , , , , , , , | 1 Comment

The Thief who stole Rs 286 crores from Banks coming to India

Posted on July 9, 2013 by Vijayashankar Na

Recently all across Europe, the “Euro Grabber” stealthily stole around 36 million euro (Rs 286 crores) from Bank customers. These were all customers who thought that a) Their money in the Bank was safe. b) Internet Banking was a great … Continue reading →

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New Banking Licenses in India

Posted on July 7, 2013 by Vijayashankar Na

The recent decision of RBI to  invite fresh applications for new Banking licenses have evoked response from 26 applicants. The undersigned who joined the Banking industry in 1973 and has been in working in the industry upto 1987 and later … Continue reading →

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Should Indian Post be granted Banking license?..Do they need one?

Posted on July 7, 2013 by Vijayashankar Na

The decision of Indian Postal Department to seek a Banking license from RBI through the Licensing Scheme meant for private sector has been an object of discussion since the announcement was made.  The application is a source of embarrassment to … Continue reading →

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Which of the 26 applicants deserve Bank license?

Posted on July 6, 2013 by Vijayashankar Na

As the debate on the choice of probable licensees hots up, here is an interesting debate in moneycontrol.com between three experts See Copy of the Detailed debate here The three experts who have expressed their views are R Jagannathan, the Editor … Continue reading →

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Beware of any fraudulent email

Posted on July 6, 2013 by Vijayashankar Na

I am informed that there was an unsuccessful attempt to change password in my yahoo email account. (vijayashankar@yahoo.com). While I have taken some precautions since the report, If this is a malicious attempt and is repeated again with success, I … Continue reading →

Posted in Cyber Crime, ITA 2008 | Leave a comment