Search Results for: bank

Here is how the Currency Shortage can vanish in a jiffy with “Digi-Real Currency”

P.S: At the request of some of my friends, I have elaborated here the concept of Ze-Mo coupons I referred to in my previous article as a possible solution to the post-demonetization measure where there is a shortage of currency … Continue reading

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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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