Search Results for: e banking

Dear Senior Citizens, You are unwelcome at Banks..implies RBI

Posted on February 18, 2013 by Vijayashankar Na

The RBI discussion paper on “Disincentivisation of issuance and use of cheques”  wants to impose penalties for using cheques in banking transactions as also for cash withdrawals and deposits. Instead it urges people to shift to Internet banking and ATMs. … Continue reading →

Posted in Bank, Cyber Crime, Cyber Law, RBI | 2 Comments

RBI Move will encourage Private Cash Management Services

Posted on February 17, 2013 by Vijayashankar Na

The ill advised and illegal move of RBI to “Disincentivise usage of Cheques” through policy measures of penalizing cheque issuers and cheque beneficiaries is likely to have a serious negative impact on the economy with a significant increase of cash … Continue reading →

Posted in Bank, RBI | Leave a comment

Why Cheque System is also important for Netizens

Posted on February 16, 2013 by Vijayashankar Na

Naavi.org has been in the forefront of discussions on E Banking security and how the bank customer needs to be protected from liabilities arising out of E Banking risks. At the same time we have also been opposing RBI’s discussion … Continue reading →

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

RBI is impotent.

Posted on February 16, 2013 by Vijayashankar Na

The hard hitting articles on this website on E Banking insecurity and therefore an assertive opposition to the current RBI move to hard push customers from cheque disincentivsation measures towards E Banking may annoy some of the technology followers both … Continue reading →

Posted in Cyber Law, ITA 2008, RBI | Leave a comment

RBI’s conspiracy by silence

Posted on February 16, 2013 by Vijayashankar Na

Often we find in political circles that there is a wide spread corruption indulged by some while a few remain honest by themselves but fail to check the corrupt due to various compulsions. Many senior officials of RBI are typically … Continue reading →

Posted in Bank, Information Assurance, ITA 2008, RBI | Leave a comment

RBI set to rob Rs 10000 crores from Bank customers!

Posted on February 15, 2013 by Vijayashankar Na

The discussion paper on Disincentivisation of cheques  issued by RBI envisages charging bank customer for every cheque book issued by the Bank, every cheque issued by the customer and every cheque deposited by the customer for clearing. This means that each … Continue reading →

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