Banking Law

Unit I

 Historical Perspective, emergence and importance of commercial banking ·  Overview of development in Banking since independence ·  Kinds of banks and their functions ·  Reserve Bank of India Act, 1934 ·  Banking Regulation Act, 1949 · o Sardar Associates v. Punjab & Sind Bank (2009) 8 SCC 257 · o Central Bank of India v. Madan Chandra Brahma, AIR 2008 SC 15

• Introduction — Concept of Banking
• Structure of Indian Banking system
• Types of Common Banking Institutions
• Banking Regulation Act, 1949
• RBI rules & Notifications (Banking) 1949

Unit II

 The Banking Ombudsman Scheme, 1995 ·  Liability under Consumer Protection Act, 1986 ·  Legal Regime to Control Banking Frauds ·  Recent Trends in Banking : Automatic Teller Machine and Internet Banking, Smart Cards, · Credit Cards ·  Nature of Banking Frauds · o Durga Hotel Complex v. Reserve Bank of India, AIR 2007 SC 1467 · o Sudhir Shanti Lal Mehta v. C.B.I., (2009) 8 SCC 1

Unit III

 Recovery of Debts due to Banks and Financial Institutions Act, 1993 ·  Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interests · Act, 2002 · o Sunil Poddar & Others v. Union Bank of India, AIR 2008 SC 1006 · o Vinedale Distilleries Ltd. v. Dena Bank, (2010) 3 SCC 466

• Powers and functions of Debt Recovery Tribunal and Debt Recovery Appellate
• Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI)

Unit IV

 The Negotiable Instruments Act, 1881 ·  The Bankers’ Books Evidence Act, 1891 · o Ramraj Singh v. State of M.P., (2009) 6 SCC 729 · o Nambiram Veetil Pocker v. State of Kerala, (2003) 9 SCC 214

• Negotiable Instruments Act, 1881
• Bankers Book of Evidence Act, 1891