Search Results for: e banking

RBI out to openly violate laws of banking

Posted on February 11, 2013 by Vijayashankar Na

Section 5(b) of the Banking regulation act of India defines “Banking” as follows: “banking” means the accepting, for the purpose of lending or investment, of deposits of money from the public, repayable on demand or otherwise, and withdrawal by cheque, … Continue reading →

Posted in Bank, Cyber Crime, ITA 2008 | Leave a comment

Is Indian Banking system hiding the risks?

Posted on February 8, 2013 by Vijayashankar Na

The recent report of frauds in the Credit card system in India has given rise to a discussion on how safe is Indian Banking system and whether there is a systematic attempt to suppress threat information from public and give … Continue reading →

Posted in Cyber Crime, ITA 2008 | Leave a comment

RBI Opposes Privacy Law

Posted on February 17, 2025 by Vijayashankar Na

Until Mr Shakti Kant Das was the Governor of RBI, it appeared that RBI could be relied upon for taking care of the interest of the public. In the Bit Coin case, RBI had taken a bold principled stand which … Continue reading →

Posted in Cyber Law | Leave a comment

Digital Arrest and Cyber hypnosis

Posted on December 6, 2024 by Vijayashankar Na

In recent days the menace of Digital Arrest related scams have assumed alarming proportions. There are instances of people losing crores of Rupees to this scam and some of these matters are coming for discussion in Courts. Naavi has been … Continue reading →

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“Responsible AI” and “Accountable AI”

Posted on March 6, 2024 by Vijayashankar Na

Also Read https://www.reddit.com/r/sharktankindia/comments/1abqtgl/ai_kavach_is_gone/?rdt=43204

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PayTM : The Brand sharing risk

Posted on February 3, 2024 by Vijayashankar Na

PayTM is a well known brand when it comes to online payments. If India is proud to say that even vegetable vendors are using UPI, a large part of the credit should go to PayTM. It is sad to note … Continue reading →

Posted in Cyber Law | Leave a comment