New Delhi: The Lok Sabha on Wednesday passed a Bill to replace a British-era legislation with the objective to include digital and virtual records as admissible evidence in the court of law in sync with digital dependence of the banking system.As soon as the House reassembled at 2 pm after an earlier adjournment, the opposition members continued with their sloganeering, refusing to heed the pleas of the Chair to discuss the Bankers' Books Evidence Bill, 2026.The Bill was moved by Finance Minister Nirmala Sitharaman for consideration and passage amid din. The Bill seeks to provide for law relating to evidence with respect to bankers' books and to align it with contemporary digital banking practices and for matters connected with that.
Lok Sabha passes Bankers' Books Evidence Bill to replace colonial-era law
The Lok Sabha approved a Bill to update evidence laws for digital records. This legislation replaces an old British-era act for modern banking needs. The Finance Minister introduced the Bankers' Books Evidence Bill, 2026. Opposition members continued their protests during the Bill's passage. The new law aligns with current digital banking practices and dependencies.
120 words~1 min read
