Banking Law Complete Course

This comprehensive lecture provides a complete course on Banking Law and Practice in India, tailored for law students and competitive exam aspirants. It covers the evolution of banking, the regulatory framework under the RBI Act and Banking Regulation Act, and the debtor-creditor relationship. The session also delivers in-depth analysis of the Negotiable Instruments Act, cheque dishonour proceedings under Section 138, recovery via DRT and the SARFAESI Act, and digital banking regulations. In this video you will learn: • Understand the evolution of Indian banking and the constitutional Bank Nationalisation case • Master the statutory regulatory powers of the RBI and provisions of the Banking Regulation Act, 1949 • Analyze the legal relationship between banker and customer including lien, set-off, and secrecy • Distinguish between promissory notes, bills of exchange, cheques, and endorsements under the NI Act • Learn the statutory protections available to paying and collecting bankers • Examine criminal liability, statutory presumptions, and jurisdiction under Section 138 of the NI Act • Understand debt recovery mechanisms under the RDB Act and enforcement procedures under the SARFAESI Act • Explore digital banking regulations, electronic transaction liability, and FinTech frameworks Topics covered: • Evolution of Banking and Bank Nationalisation • Constitution and Statutory Powers of RBI • Regulatory Framework under Banking Regulation Act, 1949 • Winding Up and Licensing of Banking Companies • Banker and Customer Legal Relationship • Rights and Duties of Bankers • Special Classes of Customers and Account Types • Negotiable Instruments: Notes, Bills, and Cheques • Holder, Holder in Due Course, and Crossing of Cheques • Protection of Paying and Collecting Bankers • Dishonour of Cheques under Section 138 and Trial Procedure • Principles of Bank Lending and Securities • NPA Norms, DRT, and SARFAESI Act, 2002 • Electronic Payments, Card Regulations, and Cyber Fraud • FinTech, Digital Lending, and Integrated Ombudsman Scheme Important case laws: • Rustom Cavasjee Cooper v. Union of India (1970) • V. T. Khanzode v. Reserve Bank of India (1982) • Foley v Hill (1848) • Devaynes v Noble (1816) • Tournier v National Provincial and Union Bank of England • Bharat Barrel & Drum Manufacturing Company v. Amin Chand Payrelal (1999) • Modi Cements Ltd. v Kuchil Kumar Nandi (1998) • Dashrath Rupsingh Rathod v State of Maharashtra (2014) • Meters and Instruments Private Limited v Kanchan Mehta (2017) • State Bank of India v. Rajesh Agarwal (2023) Statutory provisions discussed: • Section 42, Reserve Bank of India Act, 1934 • Section 5(b), Banking Regulation Act, 1949 • Section 21A, Banking Regulation Act, 1949 • Section 171, Indian Contract Act • Section 13, Bank Nationalisation Act of 1970 • Section 131, Negotiable Instruments Act, 1881 • Section 138, Negotiable Instruments Act • Section 17, SARFAESI Act Useful for: LL.B. (3-year and 5-year integrated), UGC NET Law, CLAT PG and University semester exams. Chapters: 00:00 Introduction to Banking Law 09:42 Rationale for Banking Regulation 12:15 Reserve Bank of India Status and Functions 20:40 Banking Regulation Act and Regulatory Powers 30:23 Winding Up of Banking Companies 34:08 Licensing and Branch Authorisation 42:55 Banker and Customer Relationship 51:58 Rights of the Banker and General Lien 54:34 Appropriation of Payments and Clayton's Case 57:12 Duties of Banker and Confidentiality 01:04:03 Bank Accounts and Special Customers 01:12:36 Introduction to Negotiable Instruments 01:18:11 Holder and Holder in Due Course 01:26:35 Cheques and Crossing Principles 01:31:58 Material Alteration under Section 87 01:37:24 Dishonour of Cheques under Section 138 01:41:22 Stop Payment and Statutory Presumptions 01:46:31 Corporate Liability under Section 141 01:58:38 Bank Lending Principles and Securities 02:03:43 NPA Classification and Recovery Laws 02:08:04 Debts Recovery Tribunals Framework 02:15:30 Borrower Remedies under Section 17 SARFAESI 02:22:59 Technology in Banking and Payment Systems 02:30:10 Cybersecurity and Fraud Management 02:37:11 Customer Protection in Electronic Banking 02:42:29 FinTech and Digital Lending Regulations 02:47:09 Course Summary and Examination Guidance Notes and study material: https://www.thelaweasy.com #BankingLaw #NegotiableInstrumentsAct #SARFAESI #LawEasy #LLBLectures