Search Results for: bank

[P.S: This discussion has some important issues related to Information Technology Act 2000, (ITA 2000), Arbitration and Conciliation Act (ACI) (as amended upto date) and the data protection regulations.] It is always sad when a Company and its co-founder fight … Continue reading →

[In continuation of the earlier article/s on PDPSI, we proceed to unravel the further details of  the Personal Data Protection Standard of India (PDPSI). The objective of the standard is to make available a open source guideline to Indian Companies … Continue reading →

The ordinance promulgated by the government on March 2, 2019, has once again brought the focus back on the use of Aadhaar and a possible challenge to it in the Supreme Court. Aadhaar has become an “Instrument of Identity” similar … Continue reading →

The Justice Srikrishna Committee on Data Protection under Appendix had provided a comprehensive recommendation for amendment of the Aadhaar Act (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act 2016. These recommendations were not included in the draft Bill … Continue reading →

Just as RBI has issued a cyber security framework for Banks, NBFCs, PPI issuers etc., SEBI has also formulated a Cyber Security Framework applicable for Brokers and Depositories. The guideline issued on December 3, 2018 has suddenly gained some traction … Continue reading →

Indian Banking has taken shape from the UK Banking laws. One of the principles that Banking has followed for a long time is trying to be secretive about the fraud losses at least in the individual balance sheets of Banks … Continue reading →