BANKING LAWS

UNIT I:

Evolution of banking law;

Types of Banking institutions in Indian Banking Sector;

Role of World Bank in Indian Banking Sector

Role of International Monetary Fund in Indian Banking Sector

UNIT II:

Kinds and Legal Framework of Banking Instruments;

Banker and customer relationship as borrowers and lien;

Reconstruction and Reorganization of Banking Companies

Suspension and Winding Up of Business Of Banking Companies

UNIT III

Banking Regulation Act, 1949:

Conduct of Banking Business and

Control on Co-Operative Banks;

Reserve Bank of India Act, 1934:

General Provisions and Penalties,

Function of RBI,

Control of RBI over Non-banking Institutions and Financial Institutions,

Regulatory Framework Over The Banks and Frauds,

Forgeries and Vigilance

UNIT IV:

Negotiable Instrument Act, 1881:

Definition and characteristic of Negotiable Instruments,

Types of Negotiable Instruments ---Promissory Note, Bill of Exchange

and Cheque,

Liabilities and Capacity of Parties of Negotiable

Instrument,

Holder and Holder in due course,

Transfer and Negotiation of Negotiable Instrument,

Dishonour of Cheques and Endorsement.

UNIT IV

Banking Ombudsman,

E-Banking Process and Legal Framework and

Recent Trends in Banking: Automatic Teller Machine and Internet Banking,

Smart Credit Cards,

Banking Frauds.