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Author Archives: Vijayashankar Na
IDRBT sets up Information Assurance Center
According to a report in Hindu-Business Line, the Governor of RBI inaugurated a Centre for Information Assurance and Management (CIAM) in association with the State University of New York at Buffalo. The CIAM is expected to function as a “one-stop” resource … Continue reading
Posted in Bank, RBI
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What ITA 2008 lacks
I draw attention to today’s article in Hindu highlighting the plight of two Air India employees who have been charged under Section 66A and 67 following a complaint motivated by union rivalry. It is stated that the Police in this case … Continue reading
Posted in Cyber Crime
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New Bank Licenses, Eligibility Evaluation
We have discussed in general the issues that dominate the challenge before the RBI in determining who amongst the 26 Banking license applicants should be given the licenses. To start with, there are divergent views on how many licenses need … Continue reading
Posted in Cyber Law
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IT Companies vie for business from New Banks
Even before the decision on which of the 26 applicants will get Banking license, Infosys, TCS and Oracle are vieing with each other for supply of Core Banking software to the new Banks. It is estimated that each Bank will … Continue reading
Posted in Bank, RBI
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Loan Through SMS ??
There is an interesting website on the cyber space which promises all kinds of loans for which application can be made through SMS. Check this interesting website http://www.cgtmse-govt.in The site sports photographs of all Congress leaders including Mrs Sonia Gandhi, Dr … Continue reading
Posted in Cyber Law
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Mumbai High Court Upholds Adjudicator’s decision
Mumbai High Court has upheld the decisions of the Adjudicator of Maharashtra Mr Rajesh Agarwal in respect of two cases referred to it by ICICI Bank. The Bank had challenged the order of the Adjudicator and prayed for a stay … Continue reading



