Banking Negligence

Banking Negligence by Mahesh Koolwal provides an in-depth analysis of the principles and judicial trends surrounding negligence in banking operations. This updated edition examines how the law of negligence applies to banks, customers, and professionals in the modern financial ecosystem. It explores a wide range of issues such as cheque fraud, ATM and debit card misuse, customer information security, and the evidentiary aspects of banking disputes. The book blends theoretical clarity with practical insights, making it a valuable reference for understanding liability and accountability in the banking sector.

Key Features:

• Offers a comprehensive overview of negligence in banking, including the duties and responsibilities of banks toward customers.
• Discusses proof and standards of negligence through illustrative judicial decisions.
• Analyses cheque fraud, ATM misuse, debit card disputes, and cyber negligence, reflecting the challenges of digital banking.
• Examines information security obligations and negligence arising from data breaches or unauthorized transactions.
• Covers professional negligence of bankers, auditors, and related service providers.
• Explores the role of ineffective risk management and instances amounting to gross negligence in banking practice.
• Evaluates the reliability of chip-and-pin systems and technological safeguards in preventing fraud.
• Includes a focused discussion on evidence in banking disputes, aiding practitioners in litigation and compliance.
• Incorporates recent developments and case law updates relevant to negligence in the financial sector.

This book is an essential resource for banking professionals, advocates, judges, compliance officers, auditors, and law students seeking a detailed understanding of negligence and liability in banking operations.