cjdrmYyk fo'ofo|ky;] Hkksiky cjdrmYyk fo'ofo|ky - Barkatullah ...

LL.M. Part – I – Semester- IIMax. Mark: 100 Min. Marks: 40GROUP CBUSINESS LAWBANKING LAWObjective of the CourseA vitally important economic institution the banking system is deeply influencedby socio-political and economic changes. The emerging changes in India,particularly after the initiation of the planning process as an instrument of rapideconomic development had moulded and affected the banking structure, policies,patterns and practices. A significant development in the banking system isdiversification in banks financing. The commercial banks entered into the field ofwide ranging financial assistance to industry, both large and small scale, requiringthe need for social control of the banking system eventually leading to thenationalization of banks.The conventional banking system, found to be deficient for planneddevelopmental purposes paved the way for developmental banking. The fag endof the last millennium witness influx of foreign banking companles into India anda shift in the banking policy as part of the global phenomenon of liberalization.The legal system is adopting itself into the new mores.This course is designed to acquaint the students with the conceptual andoperational parameters of banking law, the judicial interpretation and the new andemerging dimensions of the banking systemSyllabus1. Introduction1. Nature and development of banking2. History of banking in India and elsewhere-indigenous banking-evolutionof banking in India- different kinds of banks and their functions3. Multi-functional banks-growth and legal issues2. Law Relating to Banking Companies in India1. Controls by government and its agencies2. On management3. On accounts and audit4. Lending18