Current Affairs - Important Days - Discussion

The Bankers’ Books Evidence Act, 2026 will come into force on October 1, 2026, replacing the Bankers’ Books Evidence Act, 1891. The new legislation provides a modern legal framework for using banking records in court proceedings. It recognises physical, electronic, digital, virtual, and cloud-based banking records. The Act also allows banking records to be certified through manual, digital, or electronic signatures, reducing dependence on paper-based certification. Another important provision requires courts to record a “special cause” in writing before summoning bank officials when the bank is not a party to the legal proceedings. The law aims to align banking evidence rules with modern technology.