Search Results for: limited liability

PDPA or the Personal Data Protection Act which is being introduced in the Parliament during the current session will be a landmark legislation in India. Presently PDPA is in draft Bill stage and it may become a law during this … Continue reading →

The Payment Instruments industry which consists of many of the mobile wallet operators have raised objection to the recent Master Guidelines issue by RBI on several counts such as a) KYC requirement made more or less mandatory for all Semi … Continue reading →

Under the Master Directions for PPIs (MD-PPI), three types of PPIs are recognized namely a) Closed System PPIs b) Semi-Closed System PPIs c) Open System PPIs Closed System PPIs are those PPIs  which are issued by an entity for facilitating the purchase … Continue reading →

For the last few days, the YouTube video of Mr Saket Modi showing the 20 Sec mobile hack in a TV studio in front of honourable Minister of IT and Law, Mr Ravishankar Prasad with some key officials of Government … Continue reading →

On June 8, 2017, RBI issued an important document containing guidelines for Information Technology Framework for NBFC sector. The Master Direction sets detailed guidelines for managing the IT infrastructure by  NBFCs in order to enhance the safety, security and efficiency of … Continue reading →

Globalization of Indian IT business has created many challenges to the Indian economy as a whole and in particular to certain domain specific regulators. One such regulator who finds himself frequently under a bind is RBI while regulating the Foreign … Continue reading →