Facts of the Case Issues in the Case Principles Associated with It Judgement
Tag: banking law india
7. There is credit balance in the account of Mr.Gopal. The banker wishes to set this off against an overdraft in the joint name of Gopal and Kamat. Will the bank exercise the right to set off in this situation?
Facts of the Case Issues in the Case Principles Associated With It Judgement
5. The Reserve Bank of India(RBI) cancelled the license of KL bank. KL Bank wants to challenge the cancellation of license. Where can the appeal lie?
Facts of the Case Issues in the Case Principles Associated With It Judgement
20. Advances
In the banking and finance sector, “advances” refer to short-term loans or credit facilities provided by banks to customers for a specific purpose and duration. […]
6. What are the circumstances under which a banker would be justified in disclosing the accounts of its customer?
The relationship between a banker and a customer is primarily fiduciary and confidential. One of the essential duties of a banker is to maintain the […]
2. Explain the general relationship between banker and customer with special reference to debtor and creditor relationship.
Introduction The relationship between a banker and a customer is foundational to the banking sector and is primarily governed by common law principles, banking customs, […]