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Author Archives: Vijayashankar Na
RBI Move will encourage Private Cash Management Services
The ill advised and illegal move of RBI to “Disincentivise usage of Cheques” through policy measures of penalizing cheque issuers and cheque beneficiaries is likely to have a serious negative impact on the economy with a significant increase of cash … Continue reading
Posted in Bank, RBI
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Why Cheque System is also important for Netizens
Naavi.org has been in the forefront of discussions on E Banking security and how the bank customer needs to be protected from liabilities arising out of E Banking risks. At the same time we have also been opposing RBI’s discussion … Continue reading
Posted in Bank, Cyber Crime, ITA 2008, Netizen's Forum, RBI
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RBI is impotent.
The hard hitting articles on this website on E Banking insecurity and therefore an assertive opposition to the current RBI move to hard push customers from cheque disincentivsation measures towards E Banking may annoy some of the technology followers both … Continue reading
Posted in Cyber Law, ITA 2008, RBI
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RBI’s conspiracy by silence
Often we find in political circles that there is a wide spread corruption indulged by some while a few remain honest by themselves but fail to check the corrupt due to various compulsions. Many senior officials of RBI are typically … Continue reading
Posted in Bank, Information Assurance, ITA 2008, RBI
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RBI set to rob Rs 10000 crores from Bank customers!
The discussion paper on Disincentivisation of cheques issued by RBI envisages charging bank customer for every cheque book issued by the Bank, every cheque issued by the customer and every cheque deposited by the customer for clearing. This means that each … Continue reading
Posted in Bank, Cyber Crime, ITA 2008, Netizen's Forum, RBI
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A Note for the attention of SMEs- on Cheque Disincentivisation
RBI Move on Cheques to hit SMEs hard Reserve Bank of India (RBI) has issued a “Discussion Paper” on “Disincentivisation of issuance and usage of Cheques” on January 31, 2013 and invited public comments by February 28, 2013. Since the … Continue reading
Posted in Bank, Cyber Crime, RBI
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