Search Results for: e banking

Last year, the Finance Ministry constituted a committee under the chairmanship of the former Finance Secretary, Mr Ratan P Watal, to review the framework related to Digital Payments. The committee submitted its report last month ahead of schedule probably in … Continue reading →

Naavi.org has been from time to time bringing to the attention of the public the urgent need for RBI to issue a confirmatory circular regarding the “Limited Liability” it proposed through a draft circular No RBI/2016-17/DBR. No. Leg. BC/09.07.005/2016-17. In … Continue reading →

After the earlier post in which I had indicated the unusual interest on the topic “Axis Bank” ,”License Cancelled”, one of my friends sent me a news paper report in a vernacular paper in Mumbai reproduced below. It appears that … Continue reading →

This article is a response to the article today in Economic Times by one Ms Namita Wahi, of the Center of Policy Research. The article appears to be an attempt to influence the Supreme Court which is hearing the PIL … Continue reading →

The UK based Tesco Bank recently observed suspicious transactions in around  40000 Current Accounts and had to temporarily shut down transactions in the accounts. Subsequently it was indicated that about 9000 accounts saw fraudulent withdrawals to the total extent of … Continue reading →