Search Results for: e banking

Who is trying to hide Cyber Fraud scam in Indian Banks?

Posted on February 27, 2013 by Vijayashankar Na

It has been pointed out that the answer given by the Government on the status of Bank frauds in India does not appear to contain correct information. It was pointed out that the figure of frauds for 2009 quoted in … Continue reading →

Posted in Bank, Cyber Crime, RBI | Leave a comment

Government misleading Parliament on Bank fraud information

Posted on February 26, 2013 by Vijayashankar Na

The PIB press release of 22nd February 2013 has provided some data on Bank frauds. According to this press release the fraud information for the last three years were as follows. The Bankwise data is also available here According to … Continue reading →

Posted in Bank, Cyber Crime, RBI | 1 Comment

Why this Kolaveri

Posted on February 20, 2013 by Vijayashankar Na

During the last 10 days, Naavi.org has been discussing the implications of the discussion paper released by RBI for public comments on “Disincentivisation of the use and issuance of cheques”. We have pointed out several dimensions of the discussion paper … Continue reading →

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

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 →