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Legal and regulatory aspect of banking

Legal and regulatory aspect of banking

₹200

Legal And Regulatory Aspects of Banking is the Indian Institute of Banking and Finance's extensive repository of practices and laws that apply to the banking sector. The book is divided into four sections that have various sub-sections which delve into the specific laws and their scope in the world of banking. The book starts with a section dedicated to the legal outline of rules and statutes. It takes you through the wealth of laws that dictate banking practices in public sector banking and cooperative banking.The section that follows goes over the entire range of laws that affect banking procedures. Different kinds of securities, bank guarantees, letters of credit, indemnities and more are covered in this section. Apart from these, secured and unsecured loans, deferred payment guarantee, varieties of credit facilities and the laws involved in bill finance are discussed in detail. The third section focuses on precise banking laws like the Banking Ombudsman Scheme of 2006 and the SARFAESI Act of 2002. Miscellaneous provisions, offences and penalties and the central registry are also included in this section.Finally, the last section throws light on a breadth of topics related to commercial law that include agency, contract of bailment and pledge and guarantee. The book also looks into the prospects linked with conditions and warranties, dissolution of firms, membership and the effects of non-registration in the banking realm. Legal and Regulatory Aspects of Banking is a useful resource for anybody who is interested in the laws that govern banking practices in India.

1 year ago
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