Author Archives: Vijayashankar Na
New RBI guidelines on E Banking security..contd
This is in continuation of the previous article on the new guidelines of RBI on E Banking security issued on February 28, 2013. Apart from the card related security measures covered in the previous article, the RBI circular also touches … Continue reading
RBI issues new guidelines for E Banking security
Naavi.org has been pointing out that RBI appears to have a dual character when it comes to policy implementation. There are one set of executives probably closer to retirement but occupying the top echelons of RBI who are still oriented … Continue reading
Who is trying to hide Cyber Fraud scam in Indian Banks?
It has been pointed out that the answer given by the Government on the status of Bank frauds in India does not appear to contain correct information. It was pointed out that the figure of frauds for 2009 quoted in … Continue reading
Government misleading Parliament on Bank fraud information
The PIB press release of 22nd February 2013 has provided some data on Bank frauds. According to this press release the fraud information for the last three years were as follows. The Bankwise data is also available here According to … Continue reading
Banking frauds in India
RBI has for the first time released some statistics of frauds in the Indian Banks. (Details here) : (Press Release) According to the figures released Cyber Frauds in 2012 were about Rs 52.7 crores as against Rs 40.5 cores in … Continue reading
Sec 66A abused again
Kerala Police have joined the bandwagon of Section 66A abusers by booking 111 persons for comments on Facebook. This is in respect of a Facebook comment made by one person and shared by other 110 persons regarding Mr P.J.Kurien who … Continue reading