Indian Banking System

·         Regulatory Framework and Compliances

A. Provisions of RBI Act 1935, Banking Regulation Act 1949,

Prevention of Money Laundering Act, 2002

B. Government and RBI's Powers

·         Opening of New Banks and Branch Licensing

·         Constitution of Board of Directors and their Rights

·         Banks Share Holders and their Rights

·         CRR and SLR Concepts

·         Cash-Currency Management

·         Winding up - Amalgamation and Mergers

·         Powers to Control Advances - Selective Credit Control – Monetary and Credit Policy

·         Audit and Inspection

·         Supervision and Control - Board for Financial Supervision – its Scope and Role

·         Disclosure of Accounts and Balance Sheets

·         Submission of Returns to RBI

Corporate Governance

·         Case Laws on Responsibility of Paying and Collecting Banker Indemnities or Guarantees - Scope and Application

·         Obligations of a Banker

·         Precautions and Rights

·         Laws relating to Bill Finance, LC and Deferred Payments

·         Laws Relating to Securities - Valuation of Securities - Modes of Charging Securities

Lien, Pledge, Mortgage, Hypothecation etc. - Registration of Firms/Companies - Creation of Charge and Satisfaction of Charge

·         Law of Limitation - Provisions of Bankers Book Evidence Act - Special Features of Recovery of Debts Due to Banks and Financial Institutions Act, 1993

·         TDS

·         Banking Cash Transaction Tax

·         Service Tax

·         Asset Reconstruction Companies

·         The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002

·         The Consumer Protection Act, 1986

·         Banking Ombudsman

·         Lok Adalats

Lender's Liability Act

·         The legal relationship between the Banker and Customer, the Multifarious Transactions between them and the Rights and Duties of the Parties springing out of such relationship

·         Nature of Banking Business

·         Legal Nature of Banker-Customer Relationship and

their Mutual Rights and Duties

·         Special Categories of Customers, such as Corporations,

Partnership Firms, Hindu Joint Families, Unincorporated Bodies, Trusts, Joint Account Holders, Minors, Nominee Accounts, Liquidator, Mercantile Agents, Non-Resident Indians, Foreigners and the Legal Incidence of each

·         Different Types of Accounts such as Current

Accounts, Savings Bank Account and Fixed Deposits

·         Other Transactions between Banker and Customer such as Safe Deposit Vaults, Financial Advice, Letters of Introduction and Other Services Rendered by Banks

·         Special features of the relationship between banker

and customer - Their mutual rights and duties - lien - Power to combine different accounts - Secrecy of account