Search Results for: e banking

With due respects as a person to Mrs Nirmala Sitharaman, I would like to draw her attention to the working of private crypto currencies and why not banning them is a big mistake. I am worried that she is making … Continue reading →

It is well known that pensioners are dependent on Banks for disbursal of their pensions. Once the pension is approved by the relevant Government department, the instructions are passed on to the Bank and periodical payments are initiated by the … Continue reading →

One of the surprising inclusions in the recommendations of the JPC on PDPB is related to the SWIFT network.  The recommendation 8 states “The Committee observe that data protection in the financial sector is a matter of genuine concern worldwide, … Continue reading →

One of the major wars that Mr Narendra Modi has been fighting is the war against corruption. The demonetization was one such effort which flushed out the enormous amount of fake currency that Pakistan had pumped in. However either due … Continue reading →

To All Chairpersons Banks in India Dear Sirs It has been reported in the media as if RBI has granted a new relief to the Bitcoin community by stating that  “Banks should not quote the 2018 circular” for not allowing Banking … Continue reading →

The new law set to be passed in the Parliament as “Banning of Crypto Currency and Regulation of Official Digital Currency Act 2019” is designed to ban Bitcoin and other privately managed crypto currencies. However the law may permit the … Continue reading →