Lok Sabha Passes Bankers’ Books Evidence Bill, 2026

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Lok Sabha Passes Bankers’ Books Evidence Bill, 2026

Governance
Lok Sabha Passes Bankers’ Books Evidence Bill, 2026

Lok Sabha passes the Bankers’ Books Evidence Bill, 2026 by voice vote amid Opposition protests. The Bill repeals and replaces the Bankers’ Books Evidence Act, 1891, updating provisions on admissibility of bank records as evidence.

Bankers’ Books Evidence Bill, 2026:

Dimension Key Details
1891 Act provision (replaced law) The Bankers’ Books Evidence Act, 1891 allows certified copies of bank records as evidence.
Expanded definition Bankers’ books comprises physical, electronic, digital, virtual, and cloud-based records.
Authentication The Bill mandates standardised certificate formats, provides for authentication by manual, digital, or electronic signature, and regulates admissibility of electronic bank records.
Admissibility of records Electronic records are recognised as valid evidence and are producible in physical or electronic form.
Government power The Centre is authorised to extend the law to other financial entities via notification.
Special cause provision Courts are authorised to compel bank officers to produce records or testify in cases where the bank is not a party.
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Q 1 / 3

With reference to authentication under the Bankers’ Books Evidence Bill, 2026, consider the following statements:

1. The Bill mandates standardised certificate formats for authentication.
2. The Bill provides for authentication by manual, digital, or electronic signature.
3. The Bill prohibits use of electronic signatures for authentication.

Which of the statements given above are correct?