Legal & Regulatory Aspects of BANKING For JAIIB and Diploma in Banking & Finance Examination

JAIIB and DB&F (Diploma in Banking & Finance) Examination is conducted by Indian Institute of Banking and Finance (IIBF) in May and November every year. ‘Legal & Regulatory Aspects of Banking’, is the 3rdpaper of the JAIIB/DB&F Examination.

•This Book has been written keeping in mind the requirements of the new entrants in banking and their preparation for JAIIB. Exhaustive material has been provided in the book which will help the readers in grasping in- depth knowledge of various Legal and Regulatory Aspects in Banking.

•The book is based on the latest JAIIB syllabus. It is an updated comprehensive textbook with objective questions. It contains latest changes in banking and financial sectors upto September 2020.

•It contains several objective questions at the end of each chapter for testing the readers’ preparation. Two mock tests for self-assessment of preparation are also given in the end of the book.

•It is a very useful book for day-to-day banking operations and all knowledge based examinations in banking. It is believed, this book will be beneficial to all the new entrants in banking.
MODULE A: REGULATIONS AND COMPLIANCE-Legal Framework of Regulation of Banks; Control over Organisation of Banks; Regulation of Banking Business; Returns Inspection; Winding up; Mergers & Acquisitions; Public Sector Banks and Co-operative Banks; Financial Sector Legislative Reforms; Recent Legislative Changes in RBI Act; MODULE B: LEGAL ASPECTS OF BANKING OPERATIONS-Different Types of Borrowers; Types of Credit Facilities; Indemnities; Bank Guarantees and Deferred Payment Guarantees; Letters of Credit; Laws Relating to Bill Finance; Various Types of Securities; Laws Relating to Securities and Modes of Charging; Registration and Satisfaction of Charges; Case laws on Responsibility of Paying Bank; Case Laws on Responsibility of Collecting Bank; MODULE C: BANKING RELATED LAWS-Recovery of Debts due to Banks and Financial Institution Act, 1993 (DRT Act); SARFAESI Act, 2002 and CERSAI; Banking Ombudsman Scheme; Bankers’ Books Evidence Act, 1891; The Legal Services Authorities Act, 1987 (Lok Adalats); The Consumer Protection Act, 2019; The Law of Limitation; Tax Laws; Negotiable Instruments Act, 1881; Payment & Settlements Systems Act, 2007; MODULE D: COMMERCIAL LAWS WITH REFERENCE TO BANKING OPERATIONS-Indian Contract Act, 1872; The Sale of Goods Act, 1930; Indian Partnership Act, 1932; Definition and Features of a Company Distinction between Company and Partnership; The Companies Act, 1932; Foreign Exchange Management Act, 1999; Transfer of Property Act, 1882; The Right to Information Act, 2005; The Prevention of Money Laundering Act, 2002; Information Technology Act, 2000; MOCK TEST.

MODULE A: REGULATIONS AND COMPLIANCE-Legal Framework of Regulation of Banks; Control over Organisation of Banks; Regulation of Banking Business; Returns Inspection; Winding up; Mergers & Acquisitions; Public Sector Banks and Co-operative Banks; Financial Sector Legislative Reforms; Recent Legislative Changes in RBI Act; MODULE B: LEGAL ASPECTS OF BANKING OPERATIONS-Different Types of Borrowers; Types of Credit Facilities; Indemnities; Bank Guarantees and Deferred Payment Guarantees; Letters of Credit; Laws Relating to Bill Finance; Various Types of Securities; Laws Relating to Securities and Modes of Charging; Registration and Satisfaction of Charges; Case laws on Responsibility of Paying Bank; Case Laws on Responsibility of Collecting Bank; MODULE C: BANKING RELATED LAWS-Recovery of Debts due to Banks and Financial Institution Act, 1993 (DRT Act); SARFAESI Act, 2002 and CERSAI; Banking Ombudsman Scheme; Bankers’ Books Evidence Act, 1891; The Legal Services Authorities Act, 1987 (Lok Adalats); The Consumer Protection Act, 2019; The Law of Limitation; Tax Laws; Negotiable Instruments Act, 1881; Payment & Settlements Systems Act, 2007; MODULE D: COMMERCIAL LAWS WITH REFERENCE TO BANKING OPERATIONS-Indian Contract Act, 1872; The Sale of Goods Act, 1930; Indian Partnership Act, 1932; Definition and Features of a Company Distinction between Company and Partnership; The Companies Act, 1932; Foreign Exchange Management Act, 1999; Transfer of Property Act, 1882; The Right to Information Act, 2005; The Prevention of Money Laundering Act, 2002; Information Technology Act, 2000; MOCK TEST.