Search Results for: bank fraud

Workshop on Safe E Banking

Posted on April 30, 2013 by Vijayashankar Na

A day long workshop on Safe E Banking is underway at Reserve Bank of India, Bangalore. Mr G.Gopalakrishna, The Regional Director of RBI, Mrs Uma Shankar, Regional Director of RBI at Bangalore has inaugurated the workshop. ED is delivering the … Continue reading →

Posted in RBI | Leave a comment

Banks can be fined upto Rs 1 crore for violating RBI regulation

Posted on April 28, 2013 by Vijayashankar Na

The Banking Regulation Act amendment Act 2012 which was recently passed by the Parliament has now become effective.(See PIB Press Release). It amends several provisions of the Banking Regulation Act 1949. Some of the amendments are directed towards new Branch … Continue reading →

Posted in Bank, ITA 2008 | Leave a comment

Beware of the Micro Credit Card Fraud

Posted on April 19, 2013 by Vijayashankar Na

Credit Cards are today being used by many of us as a means of convenience to make payments for various day to day requirements. Some times we use the same credit card also online. While the use of credit cards … Continue reading →

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Modus Operandi of a Phishing Fraud

Posted on March 12, 2013 by Vijayashankar Na

The investigations by the Mulund Police about the Rs 1 crore phishing fraud that occurred in Mumbai have brought to public attention the modus operandi of the fraudsters. The police have arrested two brothers in Delhi who have revealed the … Continue reading →

Posted in Cyber Crime, Cyber Law, ITA 2008, Netizen's Forum | Leave a comment

New RBI guidelines on E Banking security..contd

Posted on March 1, 2013 by Vijayashankar Na

This is in continuation of the previous article on the new guidelines of RBI on E Banking security issued on February 28, 2013. Apart from the card related security measures covered in the previous article, the RBI circular also touches … Continue reading →

Posted in Bank, Cyber Crime, Cyber Law, RBI | 1 Comment

RBI issues new guidelines for E Banking security

Posted on March 1, 2013 by Vijayashankar Na

Naavi.org has been pointing out that RBI appears to have a dual character when it comes to policy implementation. There are one set of executives probably closer to retirement but occupying the top echelons of RBI who are still oriented … Continue reading →