Search Results for: e banking

Civil Society Consultations on Net Issues

Yesterday, in the conclave on “Securing Cyber Space” at IIC, Delhi, experts from different NGOs spoke on the topic of Civil Society Consultations on Net issues such as net Neutrality and Internet Shutdowns before an august audience of Cyber Security … Continue reading

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“Zero Liability” for Bank frauds… Customers need to take some precautions…

After waiting for more than 10 months and repeated reminders at all levels including the Finance Minister and the Prime Minister, RBI finally came out with its circular of 6th July 2017 titled “Customer Protection-Limited Liability in Unauthorized Electronic Banking … Continue reading

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Information Technology Structure for NBFCs.. RBI issues guidelines

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

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Cashless Economy …Disruption Without Destruction

On the historical “GST day” when a One Nation- One Tax system went on stream, a day long conference was held in Chennai about “Cash Less Economy”. Organized by InternetTechies Solutions Private Limited, the program in ITC Chola Grand  discussed several … Continue reading

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If Bitcoin is legalized in India, the money supply will jump up by 50%. Are we ready to take the impact?

The task force on the Bitcoin formed by the Central Government is presently battling the lobbying pressure from ZebPay and other stake holders who want Bitcoin to be legalized in India and the contrarian voices of people like the undersigned and … Continue reading

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Banks may become liable under Section 65 and 67C in Fraud cases..

I refer to the discussions we had in the case of the Phishing fraud at Musiri Branch of State Bank of India where I tried to provide some guidance to the Customer on what sort of complaint he has to … Continue reading

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