Search Results for: bank

RBI’s silence on Bitcoins

Posted on February 2, 2014 by Vijayashankar Na

A Canadian resident Venugopal Badarawada has sent a notice to RBI seeking clarifications on RBI’s stand on Bitcoins, and opened a window of opportunity for RBI to come out with a clarification on its stand on Bitcons. The earlier press … Continue reading →

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Bitcoin discussed in the Davos Meet

Posted on January 28, 2014 by Vijayashankar Na

The global economic forum seems to have found time to discuss the emergence of Bitcoins. It is reported that Mr Uday Kotak of the Kotak group in India has suggested that crypto currencies need to be taken note of. A … Continue reading →

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NaMO needs to zero in on a Crypto Currency policy to fulfill his promise

Posted on January 21, 2014 by Vijayashankar Na

As was expected, Swiss Banks who lead the world in laundering unaccounted money have moved fast to ensure that its black money balances which includes balances worth US$ 1.4 trillion of Indians are not drawn out of the country. It … Continue reading →

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Black Money Control.. ZeMo-INR as an instrument of implementation

Posted on January 20, 2014 by Vijayashankar Na

On 19th January 2014, Mr Narendra Modi (NaMo) unveiled his vision as a PM designate of BJP for the 2014  Loksabha elections. Out of the various points raised by him, one was on the bringing back of the Black money … Continue reading →

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Maharashtra Adjudicator defines CDR as “Sensitive Personal Information”

Posted on January 17, 2014 by Vijayashankar Na

In an interesting case decided by the Maharashtra Adjudicator Mr Rajesh Aggarwal, compenation of Rs 18 lakhs was granted to a client against the Bank (ICICI Bank) and the Mobile Service Provider(Vodafone) in a phishing case. The case was handled … Continue reading →

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Does Nachiket Mor Committee report impress to deceive?

Posted on January 11, 2014 by Vijayashankar Na

One of the first initiatives that the new RBI Governor Mr Raghuram Rajan took after assuming office a few months back was the formation of the Nachiket Mor committee on “Comprehensive Financial Services for Small Businesses and Low Income Households”. … Continue reading →

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