CONTENTTitle page Preface Contents Table of Cases CHAP. 1 INTRODUCTORY CHAP. 2 THE BANKING REGULATION ACT 1949 CHAP. 3 THE RESERVE BANK OF INDIA CHAP. 4 BANKER AND CUSTOMER CHAP. 5 BANKERS AS BORROWERS CHAP. 6 CHARACTERlSTICS OF NEGOTIABLE INSTRUMENTS CHAP. 7 CHEQUES CHAP. 8 PAYMENT OFCUSTOMER’S CHEQUES CHAP. 9 DISHONOUR OF CHEQUE CHAP. 10 APPROPRlATION OF PAYMENTS CHAP. 11 EMPLOYMENT OF FUNDS CHAP. 12 EMPLOYMENT OF FUNDs (CONTINUED) CHAP. 13 FRAUDS FORGERIES AND VIGILANCE IN BANKS CHAP. 14 THE RECOVERY OF DEBTS D UE TO BANKS AND FINANCIAL INSTITUTIONS ACT 1993 CHAP. 15 SECURlTISATION AND RECONSTRUERION OF FINANCIAL ASSETS Subject Index ABOUT THE BOOKBanking Law & Practice in India by M. L. Taxmann a reference book for banking law In India The present edition is being published with the Idea of presenting some of the key concepts of banking law for students pursuing law, both for undergraduate and post graduate courses and other professional courses as well. The framework of the book has been designed keeping in mind the requirements of course work. The present edition covers chapters on structure of banking in India, the role of the Reserve Bank of India, the relationship of bankers and customers, garnering of deposits and use of funds by banks. It also explains In detail the Banking Regulation Act, 1949, the Negotiable Instruments Act, 1881 and the Debt Recovery laws, The chapters contain extensive references of case laws, RBI Circulars and reading material. The book covers the latest developments In the banking Industry and policy. In view of the detailed coverage of all the topics, this book Will be Invaluable for students pursuing LL.B and LL.M and professional courses like Company Secretary and Chartered Accountancy and also for lawyers and bankers. ABOUT THE EDITORMandira Mitra is a law graduate from Delhi University and is presently practicing as an advocate in Delhi Prior to Joining legal practice, she was an officer in the Reserve Bank of India, where she worked In departments like foreign exchange, banking operations and supervision and training. She specializes in corporate and commercial laws and represents clients In High Courts, the Supreme Court, the Debt Recovery Tribunal, the Company Law Board and Arbitral Tribunals. She has been teaching as a guest faculty at the Indian Law Institute, New Delhi and the International Center for Alternative Dispute Resolution, New Delhi She is also accredited as a Mediator and Master Trainer by the Centre for Effective Dispute Resolution UK.