Banking Laws and Practices

Regulatory Framework and Compliances, Provisions of RBI Act 1935, Banking Regulation Act 1949, Prevention of Money Laundering Act, 2002, Government and RBI’s Powers Opening of New Banks and Branch Licensing

Legal Aspects of Banking Operations, Case Laws on Responsibility of Paying and Collecting Banker Indemnities or Guarantees - Scope and Application – Obligations of a Banker - Precautions and Rights - Laws relating to Bill Finance, LC and Deferred Payments - Laws Relating to Securities - Valuation of Securities - Modes of Charging, Securities-Lien, Pledge, Mortgage, Hypothecation etc.-Registration of Firms/Companies - Creation of Charge and Satisfaction of Charge.

Loans and Advances Law, Practice and Policies governing the employment of the funds in the hands of the banker with special reference to the lending banker State Policy on Loans and Advances - Priority sector advances and socioeconomic policies - Financial inclusion - Self- Employment Schemes - Women Entrepreneurs- Small Scale Industries - Agricultural Finance, Export Finance, etc. Overdrafts - Legal control over bank’s deployment of funds.

Securities for Banker’s Loans, the legal issues involved in and the practice governing different kinds of securities for banker’s, advances and loans Guarantees, pledge, lien, mortgage, charge – subject matters of collateral security Corporate Securities Documents of title to goods Land and Buildings Book debts Life Policies, Factoring; Bill Discounting; Bank Guarantees; Letters of Credit; Commercial Papers.

Electronic Banking and IT in Banks introduction, IT Applications in Banking- Computer-Based Information Systems for Banking; Electronic Banking; Electronic Fund Management, Enabling Technologies of Modern Banking Electronic Commerce and Banking; Supply Chain Management; Customer Relationship Management; Integrated Communication Networks for Banks Security and Control Systems - Cybercrimes and fraud management Planning and Implementation of Information Systems.