Search Results for: e banking

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

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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

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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

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The Watal Committee Report on Digital Payments..1

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

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How Much time RBI wants to examine public responses to August 11 circular?

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

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Here is how the Currency Shortage can vanish in a jiffy with “Digi-Real Currency”

P.S: At the request of some of my friends, I have elaborated here the concept of Ze-Mo coupons I referred to in my previous article as a possible solution to the post-demonetization measure where there is a shortage of currency … Continue reading

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