Search Results for: e banking

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 →

It has been pointed out in these columns that after the recent changes made in the account numbering system in Corporation Bank there have been many customer service issues. One issue that was pointed out was that though the account … Continue reading →

RBI in continuation of its fire fighting efforts after the “Mega Data Breach” in the Indian banking system has suggested that the “CISO” (Chief Information Security Officer) in a Bank which is already a senior position is to be upgraded … Continue reading →

Naavi.org has pointed out several times in the past the security risks in the Indian Banking system and how the customers are vulnerable. We have also pointed out the responsibility of RBI in this regard. It is therefore no surprise … Continue reading →