Tannan's Banking Law and Practice in India

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Description
Tannan's Banking Law and Practice in India is an indispensable guide which provides an in-depth study of the highly specialised branch of banking law. The new edition is concise in its treatment and it meticulously and comprehensively takes into account all financial and banking sector reforms. Various elements of banking law such as regulation of banks, bank and customer relationships, lending activities of banks and recovery of loans, remittance activities of banks, including digital payments are thoroughly discussed. It contains up-to-date statutes, case law and RBI Master Circulars, Guidelines and Directions as well as other related  Circulars and Press Releases.
•    Covers recent amendment to the SARFAESI Act, Recovery of Debts Due to
      Banks Act etc. and enactment of the Insolvency and Bankruptcy Code, 2016.
•    Elaborately discusses the impact of financial technology orfin-tech on global banking
•    Includes developments such as dis-intermediation and the growth of P2P lending
     which is challenging the role of banks as lenders
•    Discusses the role of banks as key players in the payment and settlement system
•    Incorporates reforms in India to introduce Basel III in a phased manner for adding
     a new liquidity standard in response to the changingglobal scenario
•    Discusses in detail the guidelines on restructuring of loans and related powers,
     including powers of change of management of the borrower
•    Comprehensively covers the recently launched forms of specialised banks
      including payment banks and small finance banks
•    Discusses the recommendations and impact of the Narasimham Committee,
      Verma Committee, Raghu Ram Rajan Committee in relation to the privatisation
      of banks in India
•    Makes reference to the Financial Resolution and Deposit Insurance Bill,
     2016
•    Summarises the impact of the Union Budget, 2017 on bankingsector
This work is tremendously valuable to practitioners, banks, Financial Institutions
(Fis), legal officers, company secretaries, academicians, professionals, analysts,
regulators as well as students.
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Contents
Chapter 1    Introductory
Chapter 2    Banking System and Banks in India
Chapter 3    Financial Institutions in India
Chapter 4    Functions of Commercial Banks
Chapter 5    Global Banking Institutions
Chapter 6    Reserve Bank of India and its Role
Chapter 7    Private Banks and Foreign Banks
Chapter 8    Cash Reserve Ratio (CRR) and Statutory Liquidity
                     Ratio (SLR) in Banks
Chapter 9    Directors and Managers of Banks
Chapter 10    Accounts and Balance Sheet of Banks
Chapter 11    Bank Audit and Inspection
Chapter 12    Banker and Customer
Chapter 13    Banker and Borrower Relationship
Chapter 14    Bankers as Borrowers, Deposits and Opening of
                       Customers Accounts
Chapter 15    Customer Service in Banks
Chapter 16    Collecting Banker and Customer's Account
Chapter 17    Appropriation of Payments and Rule in
                       Clayton's Case
Chapter 18    Banker's Lien and Set-off
Chapter 19    Interference by Third Parties—Injunctions,
                       Garnishee or Attachment Orders & Decrees
Chapter 20    Employment of Funds and Advances
Chapter 21    Recall or Recovery of Advances, Suit for
                       Recovery and Law of Limitation
Chapter 22    Payment of Principal and Interest
Chapter 23    Interest Rates on Advances
Chapter 24    Companies and Corporate Borrowers & Consortium
                       Advances by Banks
Chapter 25    Bank and Partnership Accounts
Chapter 26    Advances or Lending to Priority Sectors and
                       Social Banking
Chapter 27    Financial Inclusion & Lending to Micro, Small and
                       Medium Enterprises (MSMEs)
                       Advances Against Collateral Securities
                       Advances Against Goods and Documents of Title
                       to Goods
Chapter 30    Miscellaneous Securities
Chapter 31    Guarantees as Security for Banker's Advances
                       and Position of Guarantor or Surety
Chapter 32    Bank Guarantees and Letters of Credit
Chapter 33    Financing of Exports
Chapter 34    Lease Financing & Factoring Services by Banks
Chapter 35    Consumer Loans, Personal Loans and Credit
                       Card Loans
Chapter 36    Documentation and Stamp-Duty
Chapter 37    Subsidiary, Special and Para-Banking Services
                       by Banks
Chapter 38    BCSBI & IB A Code of Bank's Commitment to
                       Customers And Banking Practices
Chapter 39    Operational Responsibilities and Negligence
Chapter 40    Frauds, Forgeries, Embezzlement and Vigilance
                       in Banks
Chapter 41    Prudential Norms on Income Recognition, Asset
                       Classification/NPAS and Provisioning Pertaining
                        to Advances
Chapter 42    Basel III, CRAR and RBI Prudential Norms on New
                       Capital Adequacy Framework (NCAF)
Chapter 43    The Negotiable Instruments Act, 1881
Chapter 44    Cheques
Chapter 45    Payment of Customer's Cheques
Chapter 46    Dishonour of Cheques
Chapter 47    The Banking Regulation Act, 1949
Chapter 48    Co-operative Banks and Banking Regulation
                       Act, 1949
Chapter 49    The Bankers' Books Evidence Act, 1891
Chapter 50    The Banking Ombudsman Scheme, 2006
Chapter 51    Banking Services and The Consumer Protection
                       Act, 1986
Chapter 52    Wilful Defaulters of Banks and Financial
                       Institutions
Chapter 53    Recovery of Debts Due to Banks
Chapter 54    Securitisation and Reconstruction of Financial
                       Assets - the Sarfaesi Act, 2002
Subject Index.
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Author Details
M. L. Tannan, M.Com. (Brimingham), Barrister at-Law, A.C.A., I.E.S.(Retired), General Manager, Punjab National Bank Ltd.(1937-1939), Founder Member, Council of the Indian Institute of Bankers, Bombay (Formerly Principle and Professor of Banking, Sydenham Collage of Commerce and Economics, Bombay)
Revised By Vinod Kothari
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