August 10, 2026 5:46 PM
Rajya Sabha passes Bankers’ Books Evidence Bill, 2026 to recognise digital banking records
The Rajya Sabha on Monday passed the Bankers' Books Evidence Bill, 2026, paving the way for replacing the colonial-era Bankers' Books Evidence Act, 1891, with a modern legal framework aligned with the country's increasingly digital banking system. The Lok Sabha had already passed the Bill on August 5. With its passage by both Houses of Parliament, the legislation seeks to update the legal framework governing the use of bankers' books and records as evidence in judicial proceedings. The Bill re...