* PARLIAMENT PASSED THE BILL ON 10TH AUGUST 2026
** IT REPLACING THE 135 YEARS OLD COLONIAL ERA BANKERS BOOK EVIDENCE ACT 1891.
KEY FEATURES OF BILL -
* BANKERS Books To Include Physical Logs, Alongside Electronic, DIGITAL, Cloud Based Storage, Back Up And Disasters Recovery Data.
* It Permits Certification Of Digital Records Via Electronic Or Digital Signature Under The Information Technology Act 2000.
* It Ensures Electronic Records Are Not Denied Legal Standing Solely Due To Their Digital Form Provided SYSTEM Integrity, Data Accuracy And Cyber Security Criteria
* It Implements a Special Cause Requirement To Protect Bank Official From Being Unnecessary Summoned Or Compelled To Produce Original Documents In Routine Proceeding.
* It Empowers The Central Government To Exapand The Framework To Other Financial Sector Entails Via Official.
