Author Archives: 98410spice

On 5th March 2018, GOI constituted a Steering Committee on Fintech related issues which has now come up with its recommendations. It was comprised of Secretaries of different ministries and headed by the Secretary of Economic Affairs (DEA) , Mr Subhash … Continue reading →

In continuation of our discussions of yesterday regarding TransUnion CIBIL, further thoughts on the data protection regulatory aspects are being discussed below to draw the attention of RBI, CERT In, MeiTy, Ministry of Commerce etc. Data Protection laws try to … Continue reading →

Mr Vinit Goenka, of the Center of Knowledge sovereignty has floated a petition on Data Sovereignty at change.org. The link to sign the petition can be found here: For immediate reference some of the salient features of the petition are … Continue reading →

The adjudication complaint of S Umashankar Vs ICICI Bank was a historic case in which the Adjudicator of Tamil Nadu, Mr PWC Davidar held that ICICI Bank is liable for negligence despite the phishing mail having been answered by the … Continue reading →

The Supreme Court of India is now debating on the “Legality” of the “Powers of the RBI to bar the Banks from dealing with Bitcoins and other Crypto Currencies” vis a vis the freedom of Crypto Currency exchanges and miners … Continue reading →