1891 bank records law set for digital-era overhaul
Synopsis A new bill was introduced in the Lok Sabha to update banking evidence laws. This legislation will recognize digital and virtual bank records as
Synopsis A new bill was introduced in the Lok Sabha to update banking evidence laws. This legislation will recognize digital and virtual bank records as admissible evidence.
The proposed law modernizes the existing framework to reflect current banking practices. It aims to create a technology-neutral legal system for financial records. The government
may also extend this law to other financial entities.
The BriefWire