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.

Govt to introduce the Bankers’ Books Evidence Bill, 2026, modernizing banking law and enhancing digital evidence handling in courts.

FM Sitharaman introduces the Bankers’ Books Evidence Bill, 2026, modernizing banking evidence laws for digital records and judicial oversight.