Parliament passed the Bankers' Books Evidence Bill, 2026, replacing the 1891 law. The Bill recognizes electronic, digital, and cloud-based banking records as evidence, standardizes certification, and protects bank officials from unnecessary court summons. Finance Minister Nirmala Sitharaman said it provides a technology-neutral legal framework, strengthening public confidence while safeguarding customer privacy.
Parliament Passes Bankers' Books Evidence Bill 2026
Source: Mint