BANKING LAW
Banking & Negotiable Instruments
COMPLETE STUDY NOTES
Karnataka State Law University (KSLU) • IV Semester • Optional-II
How to use these notes These notes follow the KSLU Banking Law syllabus and cover the development of banking, the Banking Regulation Act 1949, the Reserve Bank of India, the Deposit Insurance Corporation Act 1961, the banker–customer relationship, the Negotiable Instruments Act 1881, and recent trends in e-banking. Bold navy terms are definitions; maroon italics are leading cases; key Acts and section numbers are given throughout. Pair with the Revision Sheet and Model Answers. |
Syllabus Map — KSLU (5 Units)
Unit | Syllabus topics | Covered in |
|---|---|---|
Unit I | Nature & development of banking, indigenous banking, law relating to banking companies (controls, suspension, winding up) | Topics 1–2 |
Unit II | Banking Regulation Act 1949, RBI (functions, credit/exchange control), Deposit Insurance Corporation Act 1961 | Topics 3–5 |
Unit III | Banker–customer relationship (lien, secrecy, special customers, consumer protection/ombudsman) | Topics 6–8 |
Unit IV | Negotiable Instruments Act 1881 (cheque, endorsement, holder in due course, paying & collecting banker) | Topics 9–12 |
Unit V | Lending by banks & recent trends (e-banking, ATM, internet banking, cards) | Topics 13–14 |