Search Results for: e banking
Amendments to Finance Bill on Cyber Appellate Tribunal..We are worried
The Government of India has moved an amendment to the Finance Bill 2017 in which it is proposed that the Cyber Appellate Tribunal (CyAT) constituted under Section 48 of Information Technology Act 2000/8 would be merged with Telecom Disputes Settlement … Continue reading
RBI and Government should not drift in deciding about Bitcoin regulation
Bitcoins are internationally exchangeable into foreign currency of different countries and to some extent even in India. Hence at a time when the Government may be trying to force foreign Governments to share information on Benami Bank accounts in foreign … Continue reading
Principle of Secure Technology Adoption..creating a secure ecosystem for Cyber transactions
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
RBi seeks public response on MDR Charges…. May or May not implement..Watal Committee Recommendations
For records we may say that RBI has sought public comments on its draft circular for revising MDR charges downwards as a part of the follow up on Watal Committee report implementation. A copy of the draft circular is available … Continue reading
Innovation is good. Disruptive Innovation is better. Futuristic Innovation is Best…
Today, people swear by the term “Innovation”. Whether it is the Budget Speech or a Chairman’s speech in AGM, the buzz word is “Innovation”. However people who actually innovate often wonder why some thoughts get the tag of innovation and some … Continue reading
Metrics for Digital payments, Watal Commitee Report..2.
This is the continuation of our discussion on the Watal Committee report on digital payment system in India. It is not common for Committees set up by Government first of all to complete its work within the allocated time. Most … Continue reading