India, Sept. 30 -- The Government of India has issued a release:
Need for the Act
Key Features
The Bankers' Books Evidence Act, 2026 modernises India's legal system governing admissibility of banking records as evidence. It comes into force on October 1 2026, and replaces the Bankers' Books Evidence Act, 1891. The Act introduces a technology-neutral framework covering physical, electronic and digital records, with standardised provisions for their authentication and certification. It strengthens procedural safeguards governing the production of bankers' books. The Act also protects bank officials from routine appearance in proceedings, where the bank is not a party, solely for the purpose of proving/testifying the record of the bank. It ...