Activities calendar

15 March 2019

Legal Framework of Operational Banking

Banking has become very complex day by day with voluminous regulatory requirements and crisis of skilled human resources. Operational banking is very important for the survival of banking business; howerver, it is not risk free and the legal risk is one among them. There are multiple legal issues to be given due consideration while undertaking operational banking including deposit collection, lending, recovery, cheque payment, dishonour of cheque and black listing process.