Legality of Bitcoins in India

Sachet SahniLaw1 Comment

Legality of Bitcoins in India

The revolution of technology has caused a huge shift in almost every sector and impacted each and every sphere of life. The development has been on a rise, thanks to the rapid pace of innovative ideas and think-tanks. Digital currency is an emerging idea, developed over the past few years. The concept has been for quite a time now but … Read More

Banking Ombudsman – Things You Should Know

Titiksha SethLaw6 Comments

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. Why do we need a separate quasi-judicial body when we already have the RBI and the Consumer Disputes Redressal Forums? … Read More

How to have safe transactions at an ATM?

Sahana ChaudhuriCyber SecurityLeave a Comment

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 all reported transactions at banks between 2016 and 2017 were through the Internet in terms of volume. In 2015-16, this figure … Read More