Search Results for: bank

13th Anniversary of the Indian “Digital Society Day”

It is 17th October once again. The day is of significance to all Cyber Space watchers in India since it was on this day in the year 2000 India notified the Information Technology Act 2000 (ITA 2000) bringing in legal … Continue reading

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List of Adjudicators in India

As per the Information Technology Act 2000 and the notification there under of 25th March 2003, IT Secretaries of every State and Union Territory in India act as “Adjudicator” of their respective State or Union Territory. Such Adjudicator has sole … Continue reading

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Khayaal aapka..loss bhi aapka..laabh to hamara

In an interesting technology innovation, ICICI Bank has announced introduction of a “Face Book” application which can enable you transfer funds from your account to your face book friends. According to information available, in order to  make a payment to any … Continue reading

Posted in ITA 2008, RBI | 1 Comment

What does the new RBI Governor has to say for this?

Yet another case of Banking fraud involving loss of Rs 19 lakhs to a retired IIT professor has been reported by DNA. See report This is a typical phishing fraud arising out of failure of security in the Banking system. … Continue reading

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IDRBT sets up Information Assurance Center

According to a report in Hindu-Business Line, the Governor of RBI inaugurated a Centre for Information Assurance and Management (CIAM) in association with the State University of New York at Buffalo. The CIAM is expected to  function as a “one-stop” resource … Continue reading

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Mumbai High Court Upholds Adjudicator’s decision

Mumbai High Court has upheld the decisions of the Adjudicator of Maharashtra Mr Rajesh Agarwal in respect of two cases referred to it by ICICI Bank. The Bank had challenged the order of the Adjudicator and prayed for a stay … Continue reading

Posted in Bank, ITA 2008 | 1 Comment