Authors: Dr. Alok Kumar
ISBN-13: 978-93-49554-30-6
Format: Paperback and e-book
Pages: 218
Product Dimensions: 6 x 9 inch
Publisher: Bharat Global Publications
Assistant Professor & Head, Department of Commerce
AISECT University, Hazaribag (Jharkhand)
Dr. Alok Kumar is a renowned expert in banking law, with over 14 years of teaching experience and a strong academic background in Commerce. He is currently pursuing a Post-Doctoral Fellowship and serves as a Research Supervisor, guiding scholars in advanced areas of banking and finance.
Dr. Kumar has published over 25 research articles in national and international journals and has actively participated in numerous seminars and conferences across the globe. He has also attended 15 Faculty Development Programs (FDPs) and 20 workshops, further strengthening his academic and pedagogical skills.
With a deep understanding of the complexities of banking law, particularly in areas such as Non-Performing Assets (NPA), his contributions have been instrumental in shaping contemporary discourse. He has published several high-quality papers in the domain of banking law and continues to contribute significantly to legal and financial scholarship.
Currently serving as the Assistant Professor and Head of the Department of Commerce at AISECT University, Dr. Kumar believes that a strong foundation in banking is crucial for national growth. His upcoming book on banking law is poised to be a milestone resource for students and professionals alike.
The Banking Law & Practices in India is a comprehensive and insightful guide to understanding the legal and procedural framework that governs the Indian banking system. Designed for students, aspiring professionals, bankers, and individuals preparing for competitive exams, this book offers a well-structured and up-to-date overview of the essential aspects of banking law and its practical applications in the Indian context.
The book begins by tracing the historical evolution of banking in India and the foundational legal principles that underpin it. It explores the regulatory role of the Reserve Bank of India (RBI) and discusses the various classifications of banks, including commercial banks, cooperative banks, regional rural banks, and development banks. Readers are introduced to the legal aspects of banker-customer relationships, duties and obligations of banks, and the rights and liabilities of customers.
A key focus of this book is on negotiable instruments, such as cheques, promissory notes, and bills of exchange, governed by the Negotiable Instruments Act, 1881. The practical procedures related to account operations, payment and collection of instruments, and dishonour and liability are covered in detail. It also delves into the lending practices of banks, types of securities, modes of creating charges, and laws related to recovery and insolvency.
The book includes discussions on recent developments such as digital banking, fintech, cyber laws in banking, the rise of non-banking financial companies (NBFCs), and the impact of global trends on the Indian banking ecosystem. In addition, the book explains key legislations such as the Banking Regulation Act, 1949, and other allied laws impacting the sector.
Presented in a reader-friendly language, with relevant case laws, real-life examples, and flowcharts, this book simplifies complex legal provisions while maintaining legal accuracy. Each chapter includes practical insights, making it equally useful for academic learning and professional reference.
Whether you are a law or commerce student, a banking aspirant, a working professional, or simply someone looking to understand how banking law operates in India, The Banking Law & Practices in India is an essential addition to your bookshelf. It not only equips readers with legal knowledge but also provides a solid foundation for those wishing to pursue a career in banking, finance, or legal services.