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.
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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
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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 ..
Validity: 6 Months
Uploading plan:
Module Name |
Live Date |
Module (D) |
Available |
Module (C) |
14-Dec-2021 |
Module (B) |
18-Dec-2021 |
Module (A) |
22-Dec-2021 |