Search Results for: e banking

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 →

Posted in ITA 2008 | Leave a comment

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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Android Users face attack through Facebook

Posted on April 24, 2014 by Vijayashankar Na

A malware called iBanking is said to be targetting Android users through Facebook. The malware is spread through the computer to the mobile and is capable of intercepting the two factor authentication of Banks. It can send false SMS, intercept … Continue reading →

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E Registration of Rent agreement

Posted on February 13, 2014 by Vijayashankar Na

It is reported that IG Maharashtra has introduced a system of E-Registration of Rent and Lease agreements. See Report here “It is necessary for the people to provide their Aadhaar card. The people have to pay and stamp and registration … Continue reading →

Posted in ITA 2008 | Leave a comment