Finance Minister Nirmala Sitharaman introduces Bankers' Books Evidence Bill, 2026 in Lok Sabha

Exam-focused facts from the 8 August 2026 current affairs briefing.

Key facts

The Bankers' Books Evidence Bill, 2026 seeks to repeal and replace the British-era Bankers' Books Evidence Act, 1891.
The Bill recognises digital, cloud-based and virtual bank records as admissible evidence in courts.
It broadens the definition of 'bankers' books' to include records maintained in physical, electronic, digital, virtual, cloud-based or any other form.
The Bill proposes standardised certificate formats and allows authentication through manual, digital or electronic signatures.
It empowers the central government to extend the law's applicability to any entity or class of entities in the financial sector.