Banking Law & Negotiable Instruments Act-Dr.R.K.Bangia

Banking Law & Negotiable Instruments Act by Dr. R.K.Bangia is a law textbook published by Allahabad Law Agency.

Written with the needs of law students in mind, it explains the principles and provisions of the subject in a systematic and readable manner, making it a dependable companion for coursework and examination preparation.

Key highlights:

• Systematic, student-friendly treatment of the subject
• Suited to the LL.B. syllabus and competitive examinations
• A trusted Allahabad Law Agency title

What’s Inside — Complete Chapter Map (18 Chapters, 2 Parts)

Part I — Banking Law (Chapters 1–9): The Reserve Bank of India — note-issuing authority, functions, banker to the Government and bankers’ bank, powers, and the key changes under the Banking Laws (Amendment) Act, 2025 · Control of Banks — the Banking Regulation Act 1949, nationalisation and the merger of public sector banks · Acceptance of Deposits — DICGC insurance protection, savings, current, recurring and fixed deposits, loans against FDRs, premature encashment, joint accounts and the 2025 nomination updates · Employment of Funds — CRR and SLR, loans and advances, RBI control over advances, recovery · Banker’s Rights against Sureties and Collateral Securities — contracts of guarantee, bank guarantees and their invocation, discharge of surety · Bailment, Hypothecation and Pledge — duties and rights of the bank as bailee, banker’s general lien, pledge and the pawnee bank’s rights, and recovery under the SARFAESI Act, 2002 · the bank’s liability for the contracts, frauds and wrongs of its agents and servants · Banker–Customer and Banker–Consumer relationship — duty to honour cheques, duty of secrecy, safe deposit vaults, vicarious liability for employee fraud, payment in due course, protection to paying and collecting banks, and deficiency in banking service under consumer law · E-Banking — net and mobile banking, digital signatures, ATMs, cards and tokenisation, Core Banking Solutions, UPI and PPI wallets, electronic cheques and security.

Part II — The Negotiable Instruments Act, 1881 (Chapters 10–18): promissory notes, bills of exchange and cheques with their essentials and specimens · negotiation and the six kinds of indorsement · holder, holder in due course and payment in due course · liability of the parties · discharge from liability, including material alteration and truncated electronic cheques · crossing of cheques (general, special, “account payee”, “not negotiable”) and statutory protection to banks · presentment for acceptance and payment · Dishonour, Noting and Protest — with an extended treatment of Section 138: essential ingredients, the Section 139 presumption, post-dated cheques and security cheques, statutory notice and the 30-day limitation, offences by companies under Section 141, cognisance under Section 142, territorial jurisdiction, interim compensation, summary trial and quashing · miscellaneous provisions on capacity, consideration, maturity and acceptance for honour.

Appendices: the full text of the Negotiable Instruments Act, 1881, the Reserve Bank of India Act, 1934, and the Banking Laws (Amendment) Act, 2025 with the Ministry of Finance notification.