Tag Archives: RBI
Bitcoin… Of the Criminals, By the Criminals, For the Criminals
Whatever was the technological urge for Mr Satoshi in creating the block chain technology and Bitcoin is a thing of the past. The present status of Bitcoin is as a currency of the criminals. Many of my friends may hate … Continue reading
Black Money gets a Boost from SEBI. Mr Thaygi should be removed as SEBI Chairman
In a surprising but disgusting news report, Mr Ajay Thyagi, the Chairman of SEBI has come up with a public statement that is intended or likely to move the price of Bitcoin in the Exchanges. Contrary to the popular … Continue reading
We have taken a vow to eliminate Black Money in India and this has to extend to Bitcoins too..
A good news is flowing through the media about Bitcoins. It is that according to news reports, “A Government Committee has recommended that all Crypto Currency Exchanges” in India are set to be closed. Business Today says ” Crypto Currency … Continue reading
RBI and ECGC should consider trade remittances to Hong Kong as Highly Risky
OPEN LETTER TO RBI AND ECGC To Reserve Bank of India Exchange Control Department Mumbai and ECGC of India Mumbai Sub: Increasing Hong Kong Risk for Importers and Exporters from India Dear Sir I have recently come across two … Continue reading
New Banking Licensees- Beware of IT Companies who want to trap you.
RBI has now invited applications for new banking license from private sector which has attracted 26 aspirants to make an application. Many of these are thinking of building their Banking empire on the edifice of technology. Already, Indian Banking system … Continue reading
New Banking Licenses in India
The recent decision of RBI to invite fresh applications for new Banking licenses have evoked response from 26 applicants. The undersigned who joined the Banking industry in 1973 and has been in working in the industry upto 1987 and later … Continue reading