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FM Sitharaman moves bill to replace 135-year-old banking law
short by Jessica Rajan / on Monday, 3 August, 2026
Finance Minister Nirmala Sitharaman on Monday introduced the Bankers' Books Evidence Bill, 2026, in the Lok Sabha. The Bill seeks to replace the 135-year-old Bankers' Books Evidence Act, 1891. It expands the definition of bankers' books to include physical, digital, electronic, cloud-based and other records, aligning the law with modern banking practices.
read more at The Print