Author Archives: Vijayashankar Na

Yesterday, after the NSE technical glitch, Naavi.org raised the suspicion that it could be a Cyber Attack probably emanating from China. Today, it appears that this angle is being pursued with further investigation by the Home Ministry taking into account … Continue reading →

At around 9.15 am today as soon as the markets opened, after the first few ticks, the NSE system developed a glitch and its cash market rates stopped getting updated. Probably the contracts also did not get executed. However the … Continue reading →

A Bold Initiative by RBI Just as our PM Mr Modi bit the bullet by demonetizing the Rs 500/1000 notes despite the stiff resistance from many, RBI has bit the bullet in issuing the Zero Liability guideline on E Banking … Continue reading →

After waiting for more than 10 months and repeated reminders at all levels including the Finance Minister and the Prime Minister, RBI finally came out with its circular of 6th July 2017 titled “Customer Protection-Limited Liability in Unauthorized Electronic Banking … Continue reading →

After a long wait, the Limited Liability Circular issued on August 11, 2016  (Also refer an earlier article), has now been operationalized. In a notification released today, RBI has finally issued the circular as an operational circular. (Earlier circular was … Continue reading →

Police in Patiala have reportedly busted an “Abduction” (Kidnapping) case in which the ransom demand was made in Bitcoins. This has therefore raised a question once again about the role of Bitcoins as a  “Currency of Criminals” and the need … Continue reading →