Digital Loans: Understanding RBI’s New Regulatory Model

The Cyber Blog IndiaLaw

Digital Loans: Understanding RBI's New Regulatory Model

Covid-19 changed how people use technology. Nearly 61% of households had access to the internet in 2021, compared to 17% in 2017. This massive adoption prompted companies to offer their services online to cater to a broader audience. Providing loans … Read More

State Bank of India v. Nakoda Chemicals Ltd.

The Cyber Blog IndiaCase Summary

Liability of the bank in an online banking fraud case

State Bank of India v. Nakoda Chemicals Ltd. In the Telecom Disputes Settlement and Appellate Tribunal Cyber Appeal 8/2014 Before Justice Shiva Kirti Singh, Chairperson Decided on January 21, 2020 Relevancy of the Case: Liability of the bank in an … Read More

Sandeep Singh Jadoun v. CPIO, DGEAT

Sammed AkiwateCase Summary

Sandeep Singh Jadoun v. CPIO, DGEAT

Sandeep Singh Jadoun v. CPIO, DGEAT In the Central Information Commission CIC/DGEAT/A/2018/117567 Before Mr. M. Sridhar Acharyulu, CIC Decided on November 16, 2018 Relevancy of the case: Defense under Section 43A and Intermediary Guidelines for denying disclosure of information under … Read More

P.K. Sarin v. Govt. of NCT

Sonal SurbhiCase Summary

P.K. Sarin v. Govt. of NCT

P.K. Sarin v. Govt. of NCT In the Central Administrative Tribunal, Principal Bench, New Delhi O.A. No. 824/2007 Before Mr V.K. Bali, Chairman and Mr L.K. Joshi, Vice Chairman (A) Decided on July 3, 2007 Relevancy of the case: Payment … Read More

Reserve Bank of India’s Data Localization Policy

Titiksha SethLaw

RBI's Data Localization Policy

We are living in the times when the Internet supports a predominant part of commerce and the online payments ecosystem has attained a new stature. The Reserve Bank of India (RBI) issued a notification to mandate the storage of all … Read More

Banking Ombudsman – Things You Should Know

Titiksha SethLaw

Banking Ombudsman is a quasi-judicial body established under the Banking Regulation Act, 1949 by the Reserve Bank of India (RBI) to redress the grievances of the customers regarding certain banking services. Currently, the Banking Ombudsman Scheme 2006 is in force. … Read More

How to have safe transactions at an ATM?

Sahana ChaudhuriCyber Security

Having Safe Transactions in ATM

The advancement of technology, ease of banking and processes ranging from checking balance to transferring funds happening at the touch of a screen have driven people to go online. According to Reserve Bank of India, more than 90 percent of … Read More