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Search Results for: cheque
Naavi.org Response to RBI Discussion Paper on Disincentivisation of Cheques
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
Posted in Bank, Cyber Crime, Cyber Law, Information Assurance, Netizen's Forum, Privacy, RBI, Uncategorized
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UK dropped Cheque stoppage proposal after public outcry..Why India should not?
We refer to the unwise move of Reserve Bank of India to “disincentivise” the use of cheques in India. RBI has released a discussion paper in this regard and invited public comments before February 28, 2013. (comments may be submitted … Continue reading
Posted in Bank, RBI
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Usage of Cheques are being disincentivised
Reserve Bank of India has released a discussion paper on a plan to disincentivise usage of cheques. Public have been asked to send their comments before February 28, 2012. Disincentivisation of cheques automatically means greater push to the electronic banking … Continue reading
Posted in Bank, Cyber Crime
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Rs 820 crore fraud in UCO Bank IMPS system busted
CBI has successfully investigated a fraud in UCO Bank where two support engineers manipulated the system which resulted in credits to accounts without a corresponding transfer of money from the sending bank to the receiving bank. See report in NewIndian … Continue reading
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Meta Fined $1.3 billion by the Ireland GDPR authority
A new record has been created in GDPR regulatory fine with Ireland’s Data Protection Commission (DPC) imposing a fine of $1.3 billion (Nearly Rs 10766 crores). The population of Ireland as a country is 51,23,536 lakhs (as per 2022 census), … Continue reading
Posted in Cyber Law
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New Digital India Act-3 : Should the negative list be continued?
(This is a continuation of the previous article on this subject in the series) The DIA as proposed by the MeitY is proposed to replace the current ITA 2000. The structure of the new Act may see deletion of Chapter … Continue reading
Posted in Cyber Law
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