Category Archives: Cyber Crime

Dear Senior Citizens, You are unwelcome at Banks..implies RBI

Posted on February 18, 2013 by Vijayashankar Na

The RBI discussion paper on “Disincentivisation of issuance and use of cheques” wants to impose penalties for using cheques in banking transactions as also for cash withdrawals and deposits. Instead it urges people to shift to Internet banking and ATMs. … Continue reading →

Posted in Bank, Cyber Crime, Cyber Law, RBI | 2 Comments

Why Cheque System is also important for Netizens

Posted on February 16, 2013 by Vijayashankar Na

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 | Leave a comment

RBI set to rob Rs 10000 crores from Bank customers!

Posted on February 15, 2013 by Vijayashankar Na

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 | Leave a comment

A Note for the attention of SMEs- on Cheque Disincentivisation

Posted on February 15, 2013 by Vijayashankar Na

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 →

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Executive Director RBI calls for Round Table for discussion on Cyber Fraud liability

Posted on February 14, 2013 by Vijayashankar Na

On January 2, 2013, Mr G.Padmanabhan, (GP) Executive Director of RBI gave a keynote address in Banker’s club Trivandrum where he has echoed some of the arguments used in the discussion paper on disincentivisation of cheques which was later released … Continue reading →

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Naavi.org Response to RBI Discussion Paper on Disincentivisation of Cheques

Posted on February 14, 2013 by Vijayashankar Na

Naavi.org has finalized its first response to the RBI discussion paper on Disincentivisation of cheques released by RBI on 31st January 2013. A Copy of the response is available here : http://www.naavi.org/cl_editorial_13/rbi_discussion_cheques_ds.pdf Public comments can be sent upto 28th … Continue reading →