Search Results for: bank

Today, I received an interesting question posed to me through the Cyber Law Guru mobile APP. The question was posed by one by name “Sisirk” and stated as follows: Question: As per their RTI reply, RBI hasn’t really given permission … Continue reading →

If you are an ICICI bank customer, beware that your Bank account information is open to anybody who is in possession of your mobile. This is breach of privacy under the age old Banking laws besides it is a violation … Continue reading →

Section 6 of the Negotiable Instruments Act 1881 defined the term “Cheque” as follows: A “cheque” is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand. This section was amended … Continue reading →

While we are frequently discussing the sophisticated Digital Crimes, some times it is the simple crimes that pose a challenge to the system. One example of this is the report that appeared today in TOI about the busting of a … Continue reading →

When a customer uses a debit card online, the card payment is authenticated by a system of payment gateways and money transferred from the card issuing Bank to the Merchant so that the Merchant can release the service. Normally the … Continue reading →

After the incident in which a Corporation Bank employee was assaulted in an ATM in Bangalore, there was some discussion on provision of additional security at ATMs. Police said that it was the responsibility of the Banks and Banks said … Continue reading →