Search Results for: bank fraud

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 →

The recent Bank of Maharashtra UPI Fraud in which Rs 25 crores were siphoned off from the Bank through UPI payment requests which were honoured by the system though there were no funds in the accounts, as well as the report … Continue reading →

On the International Women’s Day, the Board of SBI has just announced what could be considered as an unwise move to allow women workers to work from home for one year. (As per news reports) Is this a goodwill move … Continue reading →

A report in the times group of papers today, it was stated that the Government has mandated that Banks need to report “Breaches” in their systems within 2 hours to the Government. TOI in its article titled “Government asks banks … Continue reading →

One of the issues bothering ordinary citizens is the fact that Enforcement Directorate has been seizing a lot of new currency notes in many raids even while there is a shortage in the Banks. So far, the suspicion was only … Continue reading →

After the earlier post in which I had indicated the unusual interest on the topic “Axis Bank” ,”License Cancelled”, one of my friends sent me a news paper report in a vernacular paper in Mumbai reproduced below. It appears that … Continue reading →