Economy, Banking and Finance · 12 August 2026
Parliament Passes Bankers' Books Evidence Bill 2026 to Recognise Digital Banking Records
Exam-focused facts from the 12 August 2026 current affairs briefing.
Key facts
- The Rajya Sabha passed the Bankers' Books Evidence Bill, 2026, on August 10, 2026, with the Lok Sabha having passed it on August 5, 2026.
- The Bill repeals and replaces the Bankers' Books Evidence Act, 1891, and explicitly recognises electronic and digital banking records as admissible evidence in legal proceedings.
- The Bill provides a technology-neutral legal framework for bankers' books and strengthens statutory protection for bank officers.
- The Bill empowers the central government to extend its application to other financial-sector entities through notification.