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Today's Times of India newspaper, Mumbai, published an article " Common KYC for all financial products" . http://timesofindia.indiatimes.com/business/india-business/Common-KYC-for-all-financial-products/articleshow/10788805.cms I share my thoughts about the need for KYC Bureaus in India. Need for KYC Bureaus in India L.S.Subramanian Summary: This article justifies the immediate need for Centralized National KYC Bureaus in India and proposes an outline for their operations and regulations and deliverable. It also recommends that the Government of India bring KYC Bureaus into operation through The Reserve Bank of India by allowing the existing four licensed credit Bureaus namely CIBIL, Experian Credit Information Co. of India Pvt. Ltd, Equifax Credit Information Services Pvt. Ltd and High Mark Credit Information Services Pvt. Ltd. to also operate as Centralized and Automated National KYC Bureaus. It is also proposed to mandate use of two fingerprints for Biometric identific...

Choosing cloud vendors is like finding a white bird in the picture, it needs skill, knowledge and passion to find the best solution.\You need to be sure the vendor has the ability to provide a solution that blends with your business needs. Cloud computing without value does not add value to the business or to the technology leader. Irrespective of what you want to do in the cloud, you need ot remember it is a shared service and you will have to compromise. Using cloud services is like riding a Tandem cycle, all riders need to balance to get the tandem cycle moving and remember you will reach your destination based on the ability and needs of all the riders. In dedicated data centers you rode your own bicycle and you called the shots, but in the cloud you need to be malleable and ductile and ever amorphous when needed and metamorphise into a tandem rider :-). This is a qualatative change in handling vendors, it is first important for you to understand what the vendors cloud services can...

[caption id="attachment_184" align="aligncenter" width="300" caption="The Namma Metro Logo on the left hand top corner of this picture at MG Road station."] [/caption] Last Sunday (10/30) I took my first ride in the Namma Metro (Bangalore Metro),  "Namma" means "ours" in Kannada. I reached the Indiranagar Metro station on day with cloudy skills and a chill in the air. The security staff at the station were polite and helpful. After climbing a flight of stairs instead of the elevator  (part of the fitness regime) I reached the ticket booking counter. The woman at the counter was polite and efficient and I got an electronic token for  12 rupees to reach M.G.Road. The ticket costs  were clearly displayed at the booking in counter in English, Hindi and Kannada. The station was spick and span and it will win hands down against any Singapore metro station. [caption id="" align="alignleft" width="300" ca...

Last week I was in Bangalore again and was on the 100 feet road Indiranagar before day break on a walk with my sister. The weather was beautiful and with a good amount of chill in the air after the earlier nights rain. Nature had taken upon herself to clean the roads and remaining trees on the 100 feet road, everything was looking freshly minted. The pavements are not fit for walking, was surprised to see such poor engineering in India's  Silicon Valley. So most walkers walk on the road and we too decide to follow in a single file, which meant limited conversation with my sister. My sister showed me the site where some early morning walkers were mowed down by a speeding car a few months ago. The positive was the presence of policemen patrolling the area, this was reassuring, kudos to the Bangalore Police for their constant vigil. A young  biker skidded on a T junction and within minutes the police came on a motorcycle and began investigations. There were more stumps of the  chopped...