LexisNexis M.L. Tannan Banking Law and Practice in India, 29th Edition, 2025

This authoritative and comprehensive treatise, now in its 29th edition, remains the cornerstone reference for understanding the intricate landscape of banking law and practice in India. M.L. Tannan’s seminal work, meticulously updated, provides an in-depth analysis of the legal and operational framework governing the Indian banking sector.

This edition is tailored for a diverse audience, including:

• Banking Professionals: Managers, officers, and employees of banks seeking a thorough understanding of legal and procedural aspects.
• Legal Practitioners: Advocates and legal consultants specializing in banking law, requiring a reliable source for litigation and advisory work.
• Academicians and Students: Researchers and students of law, finance, and management, seeking a detailed exposition of banking principles and practices.
• Regulatory Authorities: Officials involved in policy formulation and implementation, needing a comprehensive overview of the banking regulatory framework.
• Corporate Entities: Businesses engaged in financial transactions and requiring knowledge of banking regulations and procedures.

The 29th edition, updated till February 1st, 2025, by LexisNexis, incorporates the latest legislative amendments, judicial pronouncements, and regulatory guidelines, ensuring its relevance in the dynamic banking environment.

Key Features:

• Comprehensive Coverage: Delves into all facets of banking law, from the Reserve Bank of India’s regulatory powers to the intricacies of negotiable instruments, lending practices, and debt recovery.
• Up-to-Date Legal Analysis: Incorporates the latest amendments to key legislation such as the Banking Regulation Act, the Negotiable Instruments Act, the SARFAESI Act, and the Insolvency and Bankruptcy Code, along with relevant judicial decisions.
• Practical Insights: Provides practical guidance on day-to-day banking operations, including account opening, cheque clearing, lending procedures, and risk management.
• Case Law Integration: Enriches the text with detailed discussions of landmark judgments, illustrating the application of legal principles to real-world scenarios.
• Regulatory Updates: Includes updates on RBI circulars, notifications, and guidelines, ensuring readers are abreast of the latest regulatory developments.
• Focus on Digital Banking: Addresses the evolving landscape of digital banking, including mobile banking, online payments, and cybersecurity issues.
• Emphasis on Compliance: Highlights the importance of compliance with anti-money laundering (AML) and know-your-customer (KYC) norms.
• Detailed Indexing and Referencing: Facilitates easy navigation and research, making it a valuable resource for quick reference.

Coverage Highlights:

• The Reserve Bank of India and its regulatory framework.
• The Banking Regulation Act and its provisions.
• Types of banks and their functions.
• Negotiable instruments and payment systems.
• Lending practices and documentation.
• Securitisation and debt recovery.
• Insolvency and bankruptcy in the banking sector.
• Digital banking and cybersecurity.
• Anti-money laundering and KYC norms.
• Consumer protection in banking.

Structure:

The book is meticulously structured to provide a logical and coherent understanding of banking law and practice. It begins with an overview of the Indian banking system and the role of the RBI, followed by detailed chapters on specific areas of banking law and operations. Each chapter is enriched with case laws, examples, and practical insights, making it an indispensable resource for anyone seeking a comprehensive understanding of the Indian banking sector. The inclusion of current updates makes this 29th edition an essential tool for all related professionals.