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Certificate Course on Banking Laws

INTRODUCTION TO THE COURSE

The course introduction provides a comprehensive overview of the legal framework governing the banking sector in India. It covers key legislations such as the Banking Regulation Act, RBI Act, SARFAESI Act, Recovery of Debt and Bankruptcy Act, and more. The syllabus includes topics on the history and structure of banking in India, types of banks and their functions, negotiable instruments, NPA management, debt recovery, role of regulatory authorities like RBI and Banking Ombudsman, as well as contemporary issues like digital banking, payment systems, data protection, fintech, and artificial intelligence.

The course aims to provide practical expertise in drafting legal notices, applications, and understanding compliance requirements. It seeks to develop a holistic understanding of both substantive and procedural banking laws to enable students to pursue careers in the banking and financial sector or specialize in it through higher studies.

The summary of the document provides an overview of the proposed certificate course in banking laws, emphasizing the importance of legal frameworks and the objective of equipping students with knowledge of both substantive and procedural laws relating to banking to enhance their career prospects in the financial sector.

WHAT IS UNIQUE ABOUT THE COURSE?

  • The course covers essential concepts of the banking system, including core banking, banking and customers, the role of RBI, and other regulatory components.
  • It provides a foundation for understanding banking systems within the Indian legal context.
  • The course is designed to improve job prospects at banks, financial institutions, RBI, and law firms specializing in banking.
  • Students will gain a competitive advantage for on- and off-campus assignments.
  • The syllabus includes the history of banking in India, types of banks and their functions, RBI Act, Banking Regulation Act, Negotiable Instruments Act, SARFAESI Act, Recovery of Debt Act, Banking Ombudsman scheme, e-banking, artificial intelligence, and more.

THE COURSE IS FOR WHOM

  • Law Students and Recent Graduates
  • Chartered Accountants
  • Company Secretaries
  • Consultants
  • In-house business managers

MODULES

This course, designed by experts, will help you master in Banking Laws

MODULE 1: OVERVIEW OF BANKING SYSTEM

This module provides a comprehensive understanding of the banking system in India, covering the historical evolution, types of banks, functions, and the role of NBFCs. Participants will explore key legislative acts such as the Reserve Bank of India Act, 1934, and the Banking Regulation Act, 1949, to grasp the legal framework governing the banking sector.

MODULE 2: NEGOTIABLE INSTRUMENTS ACT

Participants will gain insights into the Negotiable Instruments Act, learning about the fundamental concepts of cheques, bills of exchange, and promissory notes. The module also covers important aspects like crossing of cheques, dishonoring of cheques, and the legal procedures involved, including drafting legal notices and filing petitions for bounced cheque cases.

MODULE 3: INTRODUCTION TO SARFAESI ACT, 2002

This module delves into the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act, 2002. Participants will understand the nature of securities, risks involved, and key elements such as non-performing assets (NPA), obligors, and securitization. Practical aspects, including notices and applications under SARFAESI, will be covered.

MODULE 4: RECOVERY OF DEBT AND BANKRUPTCY ACT, 1993

Participants will explore the legal aspects of debt recovery and bankruptcy through the Debt Recovery Tribunal (DRT) process. The module covers the powers of DRT, procedural aspects, drafting/reviewing Section 19 applications, evidence on affidavit, and the appeal procedure, providing a comprehensive understanding of the recovery proceedings.

MODULE 5: BANKING OMBUDSMAN SCHEME

This module focuses on the Banking Ombudsman Scheme, detailing the role, powers, and functions of Banking Ombudsman. Participants will gain insights into the banker-customer relationship, Know Your Customer (KYC) norms, and the resolution of disputes through the Banking Ombudsman.

MODULE 6: E-BANKING AND ARTIFICIAL INTELLIGENCE

Participants will explore the realm of electronic banking (e-banking) and artificial intelligence in the banking sector. The module covers concepts like net banking, e-wallets, regulatory guidelines, and antitrust regulations in the UPI payment sector, providing a comprehensive understanding of technology integration in banking.

MODULE 7: DATA PRIVACY AND CYBERSECURITY IN BANKING

Participants will explore the importance of data privacy and the cybersecurity threats faced by the financial sector. The module covers the legal framework for data protection, emphasizing compliance with banking cybersecurity regulations to secure sensitive information.

MODULE 8: COMPLIANCE AND ETHICS IN BANKING

This module delves into regulatory compliance in banking, ethical considerations, and the role of compliance officers. Participants will analyze case studies highlighting banking compliance failures, understanding the significance of maintaining ethical standards in financial institutions.

MODULE 9: BANKING AND FINTECH COLLABORATIONS

Participants will explore partnership models between banks and fintech companies, regulatory challenges, and legal implications of technological innovations in banking. The module provides a comprehensive understanding of the evolving landscape of banking and fintech collaborations.

ASSIGNMENTS AND EXAMINATION

At LawLearnizo, we are committed to providing a comprehensive learning experience that not only imparts knowledge but also evaluates your understanding and application of the concepts taught. To achieve this, our course structure includes a robust system of assignments and examinations designed to reinforce learning and assess your progress.

ASSIGNMENTS

To ensure a consistent learning pace and to keep you engaged with the course material, we will provide two assignments every week. This means you will receive a total of 12 assignments throughout the course duration. These assignments are carefully crafted to reflect the topics discussed during the live sessions each week, allowing you to apply the concepts learned in a practical manner.

EXAMINATION

The schedule for the examination will be released at the end of the second month of the course. This will give you ample time to prepare and review the course material thoroughly. The examination will be of 50 marks and will comprise multiple-choice questions (MCQs) and situation-based questions and answers. This format is designed to test not only your recall of the course content but also your ability to apply the concepts in various scenarios.
More about the assignments and examination shall be mentioned in the course guidelines provided after successful registration of the course and students shall be informed during the live sessions of the course as well.

DURATION

3 Months

COURSE FEES

INR 4000/-

MODE OF LEARNING

Online - Live Classes

ADD ON BENEFITS

  • Hard Copy of the Certificate issued by LawLearnizo after the successful completion of the course.
  • Access to Webinars offered by LawLearnizo.
  • Publish research papers with our partner journals and publishers with ISSN and ISBN numbers and multiple indexes.
  • Get preferable slots for career counselling.
  • Internship assistance for all the enrolled participants.
  • Scholarship on other courses by LawLearnizo.
  • An opportunity to work with our team (Paid Opportunity).

Course material

  • No hard copy of the material will be provided for this course.
  • Soft copy of the materials will be provided from time to time as per the topics covered during the live classes. 

CLASS SCHEDULES

  • All live classes shall be scheduled during the weekends.
  • If by any chance, live classes are scheduled during the weekdays, it shall be scheduled keeping in mind the availability of the participants.  

REGISTRATION LINK

Frequently Asked Questions

Students may decide not to enrol in a particular course or service for a variety of reasons, such as unreasonable expectations, time restraints, health problems, etc. Regardless of the cause, we have a set return policy that all of our students must adhere to. The deducted amounts are used to pay for the platform, logistics, operating expenses, and any necessary taxes.

Within the first seven days of registration, the students are eligible for an 80% refund, and within the first 14 days, they are eligible for a 60% refund.

Please write an email to support@lawlearnizo.com with the following information: your registered email address, name, batch, course information, and an explanation for the refund request.

Within 3-5 days, a refund confirmation email with the amount of the refund will be delivered.

Within 10–12 days of receiving your request, the refund will be applied to your original method of payment.

The students can speak with our in-house advisors to get help with their resume, cover letter, placement and internship opportunities, and other related issues. Although placements and internships cannot be guaranteed, we will help you out with lots of opportunities.

You can contact us at iic@lawlearnizo.com for more information.

The live lectures have a scheduled time and dates of the course are revealed one or two days prior to the start of the course. You can take the backup classes in case you miss any live class for that particular lecture.

The assignments have a due date. We provide all of our students enough time to finish the course and all of the assignments.

The curriculum of the course is to be read by the participants in order to determine whether the course is right for them or not. 

Alternatively, candidates can take a free counselling session from our experts by submitting a call back form mentioned below or reach out to us at: counselling@lawlearnizo.com

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