Search Results for: e banking
Cheque Cloning Fraud that exposes the weaknesses in the Banking system
While we are frequently discussing the sophisticated Digital Crimes, some times it is the simple crimes that pose a challenge to the system. One example of this is the report that appeared today in TOI about the busting of a … Continue reading
Clarification on National Encryption Policy.. Does not mean E Banking is exempted from security
After criticism that emanated over the week end on the draft National Encryption Policy that the Government released last week, Government has quickly made some clarifications. The original policy is available here We had provided our comments and suggestions on … Continue reading
Discussion Paper on Future Banking Structure in India
RBI had released a discussion paper on the Indian Banking Structure-Future Way Ahead. Comments can be sent upto October 31 2013. Copy of the discussion paper is available here The discussion paper has many points of debate such as Small … Continue reading
Promoting E Banking-Role of RBI
RBI in its recent annual report, has lamented that 90% of payments are estimated to be collected through Cash/Cheque despite its efforts to promote E Banking. (See this report in Business Line). RBI has stated that more than 3080 crore … Continue reading
Safe E Banking- Some initiatives that calls for attention
Naavi has been following the developments in the Indian Banking scenario for the last 4 decades and has closely been associated with the industry as an employee of the Banking industry as well as a consultant and critique. In the … Continue reading
Another Great E Banking Robbery Could destroy our Banking system
The recent Bank Fraud in Mumbai in which an amount of Rs 2.41 crores was transferred out of RPG group’s account with Yes Bank coming close on the heels of US$45 million Card fraud in USA should raise the concerns … Continue reading