Search Results for: intermediary guidelines

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 →

The Motor Vehicles Amendment Bill 2016 which seeks to bring in many changes to the current Motor Vehicles Act has been approved by the Cabinet according to a report. (Refer here) The Bill is yet to be passed into an … Continue reading →

Ever since the demonetization, the pace of technology adoption  in India by common people particularly for financial transactions, is on the increase. The UPI system supported by the multi banking platform such as the BHIM has brought digital payments within … Continue reading →

Naavi  has been an advocate of Cyber Insurance for a long long time. However, the market seems to be dragging its feet either because the insurance companies are too scared to touch the unknown risks involved or the insurance seekers … Continue reading →

RBI has been from time to time providing guidelines to Banks for managing the Information Security aspects. Recently, RBI also has created an Information Security Subsidiary which apart from looking after the Information Security in RBI will also provide policy … Continue reading →

After criticism that emanated over the week end on the draft National Encryption Policy that the Government released last week, Government has quickly made some clarifications. The original policy is available here We had provided our comments and suggestions on … Continue reading →