Banking Law – Unit V LLB Class Notes

Ancillary Services and E- Banking: Remittances General, DD, MT, TT, Traveler’s cheques, bank orders, credit card, debit/smart cards, safe deposit vaults, gift cheques, stock invest E-Banking E-Banking Definition E-Banking includes Internet banking, mobile banking, ATM banking, computerized banking E-Banking Services Retail Services Wholesale Services E-Cheque – authentication Cyber Evidence Banking Ombudsman

Banking Law – Unit IV LLB Class Notes

Banker and customer Relationship Definition of banker and customer General relationship Special relationship Banker’s duty of secrecy, banker’s duty to honour cheques, banker’s lien, and banker’s right to set off Appropriation of payments Garnishee order Customer’s duties towards his banker Opening of New Accounts Special types of customers Minor’s A/C, Joint A/C, Partnership A/C, Company’s […]

Banking Law – Unit III LLB Class Notes

Law relating to Negotiable Instruments, 1881 Act (Read with the amended Act of 2002) Negotiable Instruments Kinds Holder and holder in due course Parties Negotiation Assignment Presentment Endorsement – Liability of parties Payment in due course Special rules of evidence Material alteration Noting and protest Paying banker and collecting banker Bills in sets Penal provisions […]

Banking Law – Unit II LLB Class Notes

Employment of funds   Loans and Advances   Guarantees   Advances secured by Collateral securities   Agency Services   Financing of Exports   Special Banking Services   Advances to Priority Sectors and Credit Guarantee schemes   Securitisation Act, 2002  

Banking Law – Unit I LLB Class Notes

Indian Banking Structure   Origin and Evolution of Banking Institutions   Types and functions of banks   Commercial banks   Commercial banks Functions   Banking Companies in India   RBI – Constitution, Management and Functions   Banking Regulation Act, 1949   State Bank of India   UTI, IDBI, RRBs’   Local banks