Law of Banking and Negotiable Instruments

This elective course on banking law will equip the future lawyers with the necessary knowledge
and skills for academics, practice and critical evaluation. The course will focus on the
provisions and principles of the various banking statutes. .The course is designed to primarily
acquaint the students with operational parameters of banking law, and to teach the general
principles of banking law and to develop appreciative faculties of the students in statutory
as well as case – law in this area.

After completing this course the students will be able to:

1. Understand in detail the Banking operations.
2. Interpret the relevant protocols to be followed by banks and financial institutions.
3. Know the relevant permissions and applicable laws for the smooth functioning of
   banking company and other financial institutions.
4. Understand the relevant laws applicable for bad loans and insolvency with reference
   to Insolvency and Bankruptcy Code, 2016 and Securitisation and Reconstruction of
   Financial Assets and Enforcement of Securities Interest Act, 2002 (SARFAESI Act)
5. Understand the importance of cash reserves with study of Cash Reserve Ratio (CRR)
   and Statutory Liquidity Ratio (SLR)
6. Know Basel II & Basel III international strategies followed to manage efficient
   functioning of banking system in other foreign countries.
7. Apply the rules of The Foreign Exchange Management Act, 1999 in respect to the
   foreign investments and understand the importance of Securities and Exchange Board
   of India (SEBI)and Reserve Bank of India (RBI).
8. Understand the power of the Reserve Bank of India and the Central Government.