News Roundup: New TRAI Chairman, RBI On Safer Online Transactions
– J.S. Sarma (pictured, right), a member of the Telecom Disputes Settlement And Appellate Tribunal, will likely be announced as the next chairman of the Telecom Regulatory Authority of India, Business Standard reports. Sarma was not among the 13 candidates who were originally shortlisted by the selection panel. BS columnist Sunil Jain had pointed out on Sunday the conflict of interest involved in Sarma becoming the head of TRAI. “First, it is curious that a person who has been sitting in judgement on TRAI should now be asked to head it. Some of these judgements have been so full of holes and so blatantly pro-government (see
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Good information, as such the online banking should be more tighter in security and user friendly for customers.
I must agree that additional online security can really help in preventing malicious transactions. Actually, some banks around the world already implement this additional security system.