Author Archives: Vijayashankar Na

Over the years, RBI has grown in multiple directions and the management of its responsibilities is getting increasingly complicated. The media is obsessed with the monetary policy related functioning of the RBI such as the management of interest rates and … Continue reading →

One of the customers of SBI has reported a faulty behaviour of the NEFT system in SBI which needs to be explored both by SBI and the RBI. It could be considered as causing a “Legal Risk” both to the … Continue reading →

Recently, NASSCOM (through DSCI) conducted product promotion seminars for FIDO alliance at Mumbai and Bangalore, introducing some online authentication solutions along with some partners of FIDO alliance in India like Persistent Systems. According to the website of FIDO alliance, FIDO stands … Continue reading →

RBI has been from time to time providing guidelines to Banks for managing the Information Security aspects. Recently, RBI also has created an Information Security Subsidiary which apart from looking after the Information Security in RBI will also provide policy … Continue reading →

It appears that, of late, the US FDA has been tightening the implementation of CFR part 11 regulations regarding maintenance of records in electronic form. The tremors are being felt now in India since these regulations also affect Indian pharma … Continue reading →

For the last few weeks, intense debate has ensued on whether the RBI Governor, Mr Raghuram Rajan should get a second term or not. The media has been batting for an extension of Mr Rajan’s tenure as if he is … Continue reading →