3 Review(s)

This book is a comprehensive reference work discussing the operational and regulatory aspects of banking laws. The commentary in volumes 1 & 2 is arranged thematically explaining key concepts and areas such as Financial Institutions in India, Global Banking Institutions, Dishonor of Cheques, Loans and Advances, and Recovery of Debts. It provides an in-depth analysis on various aspects relating to functioning of banks. Reference to relevant RBI master circulars and allied legislation has been included to provide a holistic view. Volume 3 of the book includes all the relevant statutes and regulations with section-wise comments on the critical enactments such as Banking Regulation Act, Negotiable Instruments Act, and State Financial Corporation Act. Salient Features:-• Comprehensive commentary of banking laws and practices in India • Examines the provisions of key legislations governing the banking sector including: - Banking Regulation Act - Negotiable Instruments - Recovery of Debts Due to Banks and Financial Institutions Act, 1993 - Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 • Developments covered in the new edition: - Impact of the RERA, 2016. - Effect of the Benami Transactions (Prohibition) Act, 2016. - Demonitisation and the landmark cases pertaining to it. - Digitisation in the banking industry including e- signatures, e-KYC, payment banks, pre-paid payment instrument norms and rise of cyber fraud and crime. - Nationalisation of Banks with respect to the awaited merger of SBI and its subsidiaries. - Latest schemes in social banking pertaining to affordable housing.