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Search Results for: cheque
RBI Move will encourage Private Cash Management Services
The ill advised and illegal move of RBI to “Disincentivise usage of Cheques” through policy measures of penalizing cheque issuers and cheque beneficiaries is likely to have a serious negative impact on the economy with a significant increase of cash … Continue reading
Posted in Bank, RBI
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RBI is impotent.
The hard hitting articles on this website on E Banking insecurity and therefore an assertive opposition to the current RBI move to hard push customers from cheque disincentivsation measures towards E Banking may annoy some of the technology followers both … Continue reading
Posted in Cyber Law, ITA 2008, RBI
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RBI’s conspiracy by silence
Often we find in political circles that there is a wide spread corruption indulged by some while a few remain honest by themselves but fail to check the corrupt due to various compulsions. Many senior officials of RBI are typically … Continue reading
Posted in Bank, Information Assurance, ITA 2008, RBI
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RBI set to rob Rs 10000 crores from Bank customers!
The discussion paper on Disincentivisation of cheques issued by RBI envisages charging bank customer for every cheque book issued by the Bank, every cheque issued by the customer and every cheque deposited by the customer for clearing. This means that each … Continue reading
Posted in Bank, Cyber Crime, ITA 2008, Netizen's Forum, RBI
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Executive Director RBI calls for Round Table for discussion on Cyber Fraud liability
On January 2, 2013, Mr G.Padmanabhan, (GP) Executive Director of RBI gave a keynote address in Banker’s club Trivandrum where he has echoed some of the arguments used in the discussion paper on disincentivisation of cheques which was later released … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, Netizen's Forum, RBI
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Message sent to RBI through the website of RBI
I refer to the discussion paper on “Disincentivisation of the issue and usage of cheques” by RBI through the Payment and Settlement Department on January 31, 2013 for which public are expected to send their response. The matter is of … Continue reading
Posted in Uncategorized
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