BANKING LAW

1. Nature and Development of Banking
2. Relationship of Banker and Customer:
   1. Banks, Banking Business, Meaning of Customer, Types of Accounts, Banker as Borrower
   2. Contract Between Banker and Customer - Their Rights and Duties
   3. Banker's Lien
   4. Banking Instruments
   5. Banking Services
3. Laws Regulating the Business of Banking (Salient Features Only):
   1. Banking Companies Act, 1949
   2. Reserve Bank of India Act, 1934
   3. Foreign Exchange Management Act, 1998
4. Meaning and Kinds of Negotiable Instruments
5. Endorsement, Negotiability and Assignability
6. Holder and Holder in Due Course
7. Rights and Liabilities of Paying and Collecting Banker
8. Dishonour of Negotiable Instruments Including Criminal Liability of Drawer and Protection of Collecting Banker