New Delhi, Sept. 11 -- The Bankers' Books Evidence Act, 2026, which replaces the 1891 law governing the use of banking records as evidence, will come into force from October 1, bringing a technology-neutral framework for physical, electronic, digital and cloud-based banking records, according to a release by the Ministry of Finance.

The release said the new Act aims to align the legal framework governing banking records with contemporary banking practices and technology, while promoting ease of doing business and modernising the legal and regulatory framework.

The Act received the assent of President on August 13, 2026, while a notification dated September 10 appointed October 1 as the date for its implementation.

Under the new framewo...