Search Results for: bank

How Ze-Mo Coupons can address the issue of currency shortage after December 31st

Around 2003, the undersigned had come up with a solution named “Digital Value Imprinted Instrument System” (DVIIS). This was a “Brick and Click” solution to many of the problems of physical instruments which have a monetary value including “Currency”, “Stamps”, … Continue reading

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Challenges to reach the cashless society

One of my friends and a prominent Cyber Security specialist Dr Rakesh Goyal of Mumbai has released a valuable article on “Challenges for digital India“ a copy of which is available here. Dr Rakesh has brought out the many challenges … Continue reading

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Indian Government to set up malware cleaning service center

In what can be considered as a commendable move, the CERT IN has indicated that it will shortly set up a “Malware Cleaning Service” to the public. It is expected to maintain a botnet hosting malware cleaning tool kits which … Continue reading

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Has LIC ignored Government Directions on digital payment incentives?

Recently, the Government of India announced several incentives to promote digital payments. These included 10% incentive on LIC payments. (Refer article here). The incentives announced were for the following transactions. 1.Discount of 0.75% on petrol and diesel sold through Government … Continue reading

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Is RBI directly involved in fraudulent note exchange?

One of the issues bothering ordinary citizens is the fact that Enforcement Directorate has been seizing a lot of new currency notes in many raids even while there is a shortage in the Banks. So far, the suspicion was only … Continue reading

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Demonetization and Legality.. A counter to Ms Namita Wahi…2

[This is in continuation of the previous article 0n the subject] The article which appeared in Economic Times today credited to Ms Namita Wahi tries to put in a legal argument that the recent demonetization of the notes announced on November … Continue reading

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