ONLINE CERTIFICATE COURSE ON BANKING LAW
(BANKING LAW – SYLLABUS)Unit I: Introduction to Banking
- Meaning and definition of Bank
- Evolution and history of banking in India
- Functions of banks
- Types of banks:
- Commercial banks
- Cooperative banks
- Regional Rural Banks
- Development banks
- Small Finance Banks & Payments Banks
- Banking system in India
Unit II: Regulatory Framework of Banking
- Reserve Bank of India Act, 1934
- Banking Regulation Act, 1949
- Role, powers and functions of RBI
- Control and supervision of banks
- Licensing of banks
- Inspection and audit of banks
Unit III: Banker and Customer Relationship
- Meaning of banker and customer
- General and special relationship
- Rights and obligations of banker
- Duties of banker:
- Duty to honour cheques
- Duty of secrecy
- Termination of banker-customer relationship
Unit IV: Negotiable Instruments and Banking
- Negotiable Instruments Act, 1881
- Cheques, bills of exchange and promissory notes
- Crossing of cheques
- Endorsement and negotiation
- Dishonour of cheques
- Liability of banker
- Recent developments in cheque truncation system
Unit V: Lending and Securities
- Principles of sound lending
- Types of advances:
- Loans
- Cash credit
- Overdraft
- Securities for bank advances
- Modes of creating security:
- Pledge
- Hypothecation
- Mortgage
- Lien
- Priority sector lending
Unit VI: Recovery of Bank Dues
- Debt Recovery Tribunals (DRT)
- SARFAESI Act, 2002
- Non-Performing Assets (NPAs)
- Insolvency and Bankruptcy Code, 2016 (Banking perspective)
- Lok Adalats and recovery mechanisms
Unit VII: Modern Banking and Technology
- Electronic banking
- Online and mobile banking
- ATMs and digital payment systems
- NEFT, RTGS, IMPS, UPI
- Cyber security and banking frauds
- Legal issues in e-banking
Unit VIII: Consumer Protection and Banking
- Banking services as “service” under Consumer Protection Act
- Rights of banking consumers
- Banking Ombudsman Scheme
- Deficiency of service and case laws
Unit IX: Special Banking Laws
- Prevention of Money Laundering Act, 2002
- KYC norms and AML guidelines
- FEMA, 1999 and banking transactions
- Basel norms and capital adequacy
Unit X: Ethics and Social Responsibility of Banks
- Corporate governance in banks
- Banking ethics
- Financial inclusion
- Role of banks in economic development