What is e-Money?

In India, e-Money is actually the Prepaid instruments (PPIs) issued in the form of Wallets and Cards. Banks, financial institutions or specific entities can issue e-money after obtaining necessary approval / authorisation from RBI under the PSS Act.  E-money is electronically stored electronically in a domestic currency backed by the regulator. The Payment and Settlement…

ETHICS IN BANKS AND FINANCIAL INSTITUTIONS

In view of separate Module (Module E) on “ETHICS IN BANKS AND FINANCIAL INSTITUTIONS” has been added in JAIIB paper “Principles & Practices of Banking”, the following post is prepared to enable the candidates to have a glimpse various topics  such as Ethics and ethical theories, Code of Ethics Manual, Business ethics and Banking, Ethics…

What are Cyber Threats of different types?

A cyber threats or cyber-security threat is a malicious act that generally hunts for damaging data, steal data, or disrupt digital life. The perpetrators of these attacks are organized crime groups, terrorists, industrial spies, unhappy insiders, business competitors, hackers, and Nation states* (*where a Government  trying to learn other countries’ national secret and critical infrastructure…