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Legal and Regulatory Aspects of Banking eBook For JAIIB Exam (English Medium) By ADDA247

Validity: 6 Months
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11 EBooks
Course Highlights
  • Useful for JAIIB & other Bank Promotion Exams
  • 500+ Questions with 100% solution
  • Latest Edition by ADDA247 Expert
  • English Medium
Product Description

ADDA 247 is launching Legal and Regulatory Aspects of Banking eBook for JAIIB & Other Banking Promotion Exams. This eBook is updated as per the latest examination pattern and is suitable for JAIIB & other Banking Promotion Exams.

 

Index of Legal and Regulatory Aspects of Banking eBook.....

 

Module A
REGULATIONS AND COMPLIANCE

1. Legal Framework of Regulation of Banks

  • Business of Banking
  • Constitution of Banks
  • RBI Act, 1934
  • Banking Regulation Act, 1949
  • Role of RBI
  • Govt. as a Regulator of Banks
  • Control over Co-operative Banks
  • Regulation by other Authorities

 

2. Control over Organization of Banks

  • Licensing of Banking Companies
  • Branch Licensing
  • Paid up Capital and Reserves
  • Shareholding in Banking Companies
  • Subsidiaries of Banking Companies
  • Board of Directors
  • Chairman of Banking Company
  • Appointment of Additional Directors
  • Restrictions on Employment
  • Control over Management
  • Corporate Governance
  • Directors and Corporate Governance

 

3. Regulation of Banking Business

  • Power of RBI to Issue Directions
  • Acceptance of Deposits
  • Nomination
  • Loans and Advances
  • Regulation of Interest Rate
  • Regulation of Payment Systems
  • Internet Banking Guidelines
  • Regulation of Money Market Instruments
  • Banking Ombudsman
  • Reserve Funds
  • Maintenance of CRR, SLR
  • Assets in India

 

4. Returns Inspection, Winding up, Mergers & Acquisitions

  • Annual Accounts & Balance Sheet
  • Audit & Auditors
  • Submission of Returns
  • Preservation of Records and Return of Paid Instruments
  • Inspection and Scrutiny
  • Board for Financial Supervision
  • Acquisition of Undertakings
  • Amalgamation of Banks
  • Winding up of Banks
  • Penalties for offences

 

5. Public Sector Banks and Co-operative Banks

  • SBI and its Subsidiaries
  • Regional Rural Banks
  • Nationalized Banks
  • Application of BR Act to Public Sector Banks
  • Disinvestment of Shares by Govt.
  • Co-operative Banks

 

6. Financial Sector Legislative Reforms

  • Need
  • Approach for Financial Sector Legislative Reforms
  • Important Reforms

 

7. Financial Sector Development Council

  • Role and Functions of Financial Sector Development Council

 

Module B
LEGAL ASPECTS OF BANKING OPERATIONS

1. Different Types of Borrowers

  • Types of Borrowers
  • Limited Liability Partnership

 

2. Types of Credit Facilities

  • Cash Credit
  • Overdraft
  • Demand Loans
  • Term Loans
  • Bill Finance

 

3. Secured and Unsecured Loans, Registration of Firms and Incorporation of Companies

  • Definition of Secured and Unsecured loans
  • Need for Secured Loans
  • Registration of Firms
  • Consequences of Non-registration of Firms
  • Incorporation of a Company

 

4. Indemnities

  • Definition of Contract of Indemnity
  • Features of Indemnity Contract & Guarantee
  • Scope and Application of Indemnity Contracts to Banks
  • Obligations of a Banker
  • Precaution & Rights of an Indemnity Holder

 

5. Bank Guarantees

  • Definition and Types of Bank Guarantees
  • Banker’s Duty to Honor Guarantee
  • Precautions to be taken for Issuance of Bank Guarantee
  • Precautions to be taken for Payment under Bank Guarantee
  • Invocation & Enforcement
  •  

6. Letters of Credit

  • General Considerations of Letters of credit
  • Parties to a Letter of credit
  • Types of Letters of credit
  • Documents under a Letter of credit
  • UCPDC 600
  • Banks obligation for payment of Letter of credit

 

7. Deferred Payment Guarantees

  • Purpose of DPGs
  • Methods of Payment

 

8. Laws Relating to Bill Finance

  • Class of Bills and Laws Governing Bills
  • Classification of Bills
  • Categories of Bill Finance
  • Bill Finance and Legal Position of Banker

 

9. Various Types of Securities

  • Types of Securities
  • Escrow Arrangements
  • Trust and Retention Arrangements

 

10. Laws Relating to Securities and Modes of Charging – I

  • Mortgage
  • Types of Mortgage
  • Enforcement of Mortgages

 

11. Laws Relating to Securities and Modes of Charging – II

  • Lien
  • Pledge
  • Hypothecation

 

12. Registration and Satisfaction of Charges

  • Definition of Charge
  • Procedure for Registration of Charge
  • Effect of Non-registration of Charges
  • Provisions of Law relating to Registration of Charges

 

13.  Case Laws on Responsibility of Paying Bank

  • Negotiable Instruments Act and Paying Banks
  • Liability of Paying Banker
  • Payment in due course
  • Payment in Good Faith
  • Whether Payment under Mistake Recoverable

 

14. Case Laws on Responsibility of Collecting Bank

  • Statutory protection to Collecting Bank
  • Duties of Collecting Bank

 

Module C
BANKING RELATED LAWS

1. Recovery of Debts due to Banks and Financial Institutions Act, 1993(DRT Act)

  • Objective of the Act
  • Constitution of Tribunal
  • Procedure to be followed
  • Enforcement process

 

2. Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act (SARFAESI)

  • Constitutional Validity
  • Definitions
  • Regulation & Reconstruction
  • Enforcement of Security Interest
  • Central Registry
  • Offences & Penalties
  • Miscellaneous Provisions

3. Banking Ombudsmen Scheme

  • Purpose
  • Extent
  • Definitions
  • Establishment
  • Powers
  • Procedure for Redressal Grievance Bankers

 

4. Books Evidence Act, 1891

  • Applicability
  • Definition
  • Important Provisions

 

5. The Legal Services Authorities Act, 1987

  • Lok Adalats- Organization
  • Jurisdiction
  • Disposal of Cases
  • Awards

 

6. The Consumer Protection Act, 1986 and CERSAI

  • Preamble
  • Extent & Definitions
  • Consumer Protection Councils
  • Consumer Disputes Redressal Agencies
  • Objectives and important provisions of Central Registry of Securitisation Asset Reconstruction and Security Interest of India

 

7. The Law of Limitation

  • Definition
  • Computation of Limitation
  • Important Provisions in schedule to the Limitation Act

 

8. Tax Laws

  • Income Tax
  • Commodity Transaction Tax
  • Service Tax

 

9. Negotiable Instruments Act, 1881

  • Applicability
  • Definition
  • Important Provisions

 

10.  Payment & Settlements Systems Act, 2007

  • Applicability
  • Definition
  • Important Provisions

 

Module D
COMMERCIAL LAWS WITH REFERENCE TO BANKING OPERATIONS

1. Indian Contract Act, 1872

  • Meaning and essentials of contract
  • Contract of Indemnity & Rights of Indemnity Holder
  • Contract of Guarantee
  • Contract of Bailment
  • Contract of Pledge
  • Contract of Agency

 

2. The Sale of Goods Act, 1930

  • Features
  • Sale & Agreement to Sell
  • Conditions and Warranties
  • Express & Implied
  • Rights of Unpaid Seller

 

3. Indian Partnership Act, 1932

  • Definition & Types of Partnerships
  • Relation of partners to one another & to third Parties
  • Minor admitted to benefits of partnership
  • Dissolution of a firm
  • Effect of non registration

 

4. Limited liability partnerships

  • Formation
  • Registration
  • Rights and liabilities of partners
  • Definition & Features of a Company;
  • Distinction between Company and Partnership

 

5. The Companies Act, 1956 (Now Companies Act, 2013)

  • Definition, Features & Types of companies
  • Memorandum and Articles of Association
  • Doctrine of Ultra Vires
  • Constructive Notice
  • Indoor Management
  • Membership of Company Acquisition
  • Cessation
  • Register
  • Rights & Duties of Members
  • Prospectus
  • Directors
  • Winding up of Companies

 

6. Foreign Exchange Management Act, 1999

  • Important Terms
  • Powers of RBI
  • Regulation and Management
  • Directorate of Enforcement

 

7. Transfer of Property Act, 1882

  • Sale, Mortgage of Immovable Property
  • Types of Mortgages
  • Sale with and without court intervention
  • Lease of Immovable Property

 

8. The Right to Information Act, 2005

  • Applicability
  • Definition
  • Important Provisions Right to Information and Obligation of Public Authorities Obligations
  • Procedure; Disposal; Appeal; Orders; Penalties.

 

9. The Prevention of Money Laundering Act, 2002

  • Obligations
  • Records to be Maintained
  • Procedure for Maintaining & Furnishing Information
  • Maintenance & Verifications of Records of Identity of Clients

 

10.  Information Technology Act, 2000

  • Definitions
  • Electronic Governance
  • Certifying Authorities
  • Digital Signature Certificates
  • Penalties
  • Appeal

 

Latest Edition Includes

  • Concept with Detailed Approach & Examples
  • Key Highlights & Exercises for Each Topic
  • Basic to Advance Level Questions with Detailed Solutions
  • 500+ Questions with 100% Solutions ..

 

 

Note: eBooks will be available from 6th December 2021.

Validity: 6 Months

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Course Highlights
  • Useful for JAIIB & other Bank Promotion Exams
  • 500+ Questions with 100% solution
  • Latest Edition by ADDA247 Expert
  • English Medium
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