Search Results for: e banking

SEBI to introduce Fraud Disclosure Norms

Posted on March 26, 2015 by Vijayashankar Na

In a long awaited move, SEBI is in the process of introducing norms for disclosure of fraud information for listed companies. According to the guidelines likely to be announced by the Securities and Exchange Board of India (Sebi) on Monday, … Continue reading →

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Digital India and Bugle Call for Activating the Cyber Law Eco System

Posted on March 13, 2015 by Vijayashankar Na

In 1996, when E Commerce was in its nascent stage, UNCITRAL recognized the need for providing a legal backing to E Commerce and drafted the model law on E Commerce to provide assurance to international business transactions. To accomplish this, … Continue reading →

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New Small Tech dominant Banks to be licensed

Posted on July 18, 2014 by Vijayashankar Na

RBI has issued a new set of guidelines for licensing small Payment Banks. The essence of the new rules is that it will open the doors for Telecom operators, Super Market Chains, and NBFCs to enter Banking in a limited … Continue reading →

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RBI limits Customer’s Loss on Phishing

Posted on June 25, 2014 by Vijayashankar Na

In an excellent but long awaited move, RBI has directed Banks that the liability of customers on “Phishing” loss should be limited to Rs 10000/- See Report The new Banking Service code of ( Banking Codes and Standard Board of India … Continue reading →

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Agenda for the new IT Minister

Posted on May 27, 2014 by Vijayashankar Na

To Mr Ravishankar Prasad Minister of Communications and Information Technology Delhi   Dear Sir,I would like to place before him an action agenda for immediate implementation. 1. The Cyber Apppelate Tribunal (CAT) which is the apex Cyber Judiciary body supervising 28+adjudicators … Continue reading →

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No bank has proper Information Security Guidelines

Posted on May 25, 2014 by Vijayashankar Na

An RTI query filed by Nagpur based NGO Cyber Awareness Organization (CAO) recently revealed that none of the banks in the country had drafted information security guidelines which are mandatory as per RBI’s guideline on electronic banking.  Speaking to the … Continue reading →

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