Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Search Results for: bank
RBI may very well disclose its favourite Bank Licensee
In a series of changes announced by RBI on the criteria for selecting Bank licensees, one more statement has come out today stating that “RBI may dilute the initial Capital Requirement to accommodate more licenses”. Report Coming after addition of … Continue reading
Posted in RBI
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Can we believe that RBI inadvertently missed a Banking license applicant?
In what appears to be a big joke, it is reported that RBI inadvertently missed announcing the name of the Chandigarh based “KC Land &Finance” as one of the applicants to Banking license which it announced with fanfare on July … Continue reading
Posted in Cyber Law
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Differentiated Licensing for new Banks open up better prospects.. for litigation?
After RBI received 26 applications for Bank licenses, discussions have been going on on whether it is desirable to issue a large number of licenses or restrict it to a few. Many corporates who perhaps were the favourites of the … Continue reading
Posted in Bank, RBI
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RBI sets up a panel of 5 persons to screen Bank license applications
It is reported that RBI has zeroed in on a panel of 5 eminent members to screen the Banking license applications and provide necessary guidance to the RBI Governor for suitable decision. Though not confirmed, it is expected that the … Continue reading
Posted in Bank, RBI
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Promoting E Banking-Role of RBI
RBI in its recent annual report, has lamented that 90% of payments are estimated to be collected through Cash/Cheque despite its efforts to promote E Banking. (See this report in Business Line). RBI has stated that more than 3080 crore … Continue reading
Posted in Bank, Cyber Crime, Cyber Law, Netizen's Forum, RBI
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New Bank Licenses, Eligibility Evaluation
We have discussed in general the issues that dominate the challenge before the RBI in determining who amongst the 26 Banking license applicants should be given the licenses. To start with, there are divergent views on how many licenses need … Continue reading
Posted in Cyber Law
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