Search Results for: e banking

RBI out to openly violate laws of banking

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

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Is Indian Banking system hiding the risks?

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

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RBI Opposes Privacy Law

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

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Digital Arrest and Cyber hypnosis

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”

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

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

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