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Author Archives: Vijayashankar Na
Banks can be fined upto Rs 1 crore for violating RBI regulation
The Banking Regulation Act amendment Act 2012 which was recently passed by the Parliament has now become effective.(See PIB Press Release). It amends several provisions of the Banking Regulation Act 1949. Some of the amendments are directed towards new Branch … Continue reading
Posted in Bank, ITA 2008
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Can Minors open Facebook account?
For the regular users of Facebook or Google, the question whether minors can open an account appears funny. But this is precisely what the Delhi High Court has asked the Indian Government in a PIL. (Details here). It would be … Continue reading
Posted in ITA 2008, Uncategorized
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46% of Bank Customers donot trust Internet Banking System! (?)
An interesting survey conducted in three countries namely US,UK and Germany have indicated that 46% of the consumers donot trust websites which rely only on “Passwords” for authentication. (Refer findings here) If the findings of this survey is extended to … Continue reading
Posted in Bank, Cyber Law, RBI
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Beware of the Micro Credit Card Fraud
Credit Cards are today being used by many of us as a means of convenience to make payments for various day to day requirements. Some times we use the same credit card also online. While the use of credit cards … Continue reading
Posted in Uncategorized
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Government issues clarification on Section 79 rules
The rules issued under Section 79 for Intermediaries had created a confusion in some circles about the action to be taken by the intermediary on receipt of a complaint about a specific content. Since the rules suggested that action had … Continue reading
Posted in Cyber Law, ITA 2008
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Adjudicator Maharashtra on Privacy of employee data
In an interesting award from the Adjudicator of Maharashtra, an employer (Rud India Chains Private Limited) who fought the complaint of an employee (Amit Patwardhan) for privacy violation with the counter charge of employee sharing confidential company data with a rival company, … Continue reading
Posted in ITA 2008, Uncategorized
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