10 Top Rated Banking Lawyers in India near you

Do you need assistance in financial contract drafting/negotiation? Notifications, legal transactions and other issues covered under various banking laws? Look no further you have stumbled across the perfect place for your needs.

What is a Banking Lawyer?

Banking and Finance Laws govern legal transactions, borrowing and lending in India. It’s inseparable from Corporate and Company Law. The Main Aim of banking laws and regulations is to ensure smooth transactions, safeguarding banks, and facilitating the banking system of India. Our team of excellent and diligent Banking lawyers pan India will aid you in legal issues ranging from standardized documents, mutual settlement, contracts, notifications etc.

What can a Banking Lawyer do?

Banking lawyers deal with all the transaction paperwork, standardize the relevant documents, create and execute different policies, answer your burning queries, assist you in keeping up with the regulations, ensure the compliance of your finances with the Law and handle conflicts.

What are the Banking Laws in India?

The Banking Sector of India is governed predominantly by the Reserve Bank of India Act 1934 (RBI Act) and the Banking Regulations Act 1949 (BR Act). The RBI- Reserve Bank of India is India’s Central Bank, with a multivariate set of functions being a central regulatory body. It is the monetary authority that formulates, executes and monitors the monetary policies made; it is a regulator and supervisor of Indian financial and banking systems the objective is to maintain public confidence in the system whilst safeguarding the depositor’s interest and provide cost effective services to the masses of India.

RBI governs foreign trade and business as well, it facilitates and promotes organized development and maintenance of foreign market in India. It is the issuer of currency to be used and distributed. It also offers a wide range of services to make transactions, settlement and trade convenient for the public and retain their faith in the orderly structure. The RBI has 27 regional offices, most of them in state capitals and 4 Sub-offices.

I. Acts administered by Reserve Bank of India

  • ~Reserve Bank of India Act, 1934
  • ~Public Debt Act, 1944/Government Securities Act, 2006
  • ~Government Securities Regulations, 2007
  • ~Banking Regulation Act, 1949
  • ~Foreign Exchange Management Act, 1999
  • ~Securitization and Reconstruction of Financial Assets and Enforcement of
  • Security Interest Act, 2002 (Chapter II)
  • ~Credit Information Companies (Regulation) Act, 2005
  • ~Payment and Settlement Systems Act, 2007
  • ~Payment and Settlement Systems Regulations, 2008 and Amended up to 2011 and
  • BPSS Regulations, 2008
  • ~The Payment and Settlement Systems (Amendment) Act, 2015 - No. 18 of 2015
  • ~Factoring Regulation Act, 2011

II. Other relevant Acts

  • ~Negotiable Instruments Act, 1881
  • ~Bankers' Books Evidence Act, 1891
  • ~State Bank of India Act, 1955
  • ~Companies Act, 1956/ Companies Act, 2013
  • ~Securities Contract (Regulation) Act, 1956
  • ~State Bank of India Subsidiary Banks) Act, 1959
  • ~Deposit Insurance and Credit Guarantee Corporation Act, 1961
  • ~Banking Companies (Acquisition and Transfer of Undertakings) Act, 1970
  • ~Regional Rural Banks Act, 1976
  • ~Banking Companies (Acquisition and Transfer of Undertakings) Act, 1980
  • ~National Bank for Agriculture and Rural Development Act, 1981
  • ~National Housing Bank Act, 1987
  • ~Recovery of Debts Due to Banks and Financial Institutions Act, 1993
  • ~Competition Act, 2002
  • ~Indian Coinage Act, 2011: Governs currency and coins
  • ~Banking Secrecy Act
  • ~The Industrial Development Bank (Transfer of Undertaking and Repeal) Act, 2003
  • ~The Industrial Finance Corporation (Transfer of Undertaking and Repeal) Act, 1993.

Furthermore, the Foreign Exchange Management Act 1999 (FEMA) governs and administers the cross-border exchange transactions by Indian entities, which also includes banks.

Who is affected by Banking Laws?

Vaguely put every individual engaging in financial transactions of any kind is affected under banking and finance laws i.e. the Borrowers, the Lenders and the third party/mediators.

Why do you need a Banking Lawyer?

Finance and Banking requires excellence and expertise over specific areas. For starters the consumer complaints, debt recovery etc., documentation team, contracts drafting, terms and conditions, settlement, negotiations, retail teams that sell credit and debit cards, insurance; corporate who handle the term loans, etc. for corporate houses; investment advisory team which sees into funding based on underlying assets, etc. Only an experienced and specialized lawyer will give you the solutions/remedies or results you are looking for.

How do I hire a Banking Lawyer?

In the digital world you can buy/rent/hire almost anything and anyone. Hiring an Advocate near you is tedious to just think about. Where to begin where to stop, networks, reviews etc. At Vkeel, we solve this problem and make the best, highly rated Banking Advocates near you accessible at the tip of your touch. So fret not!

Why Vkeel?

Vkeel has handpicked one of the best established advocates/lawyers to consult from for all issues ranging from loans to documentation. The Finance world is complex and ever changing it can be quite difficult to keep up with all the new additions and notices, our lawyers understand your concern and you can discuss and decide your strategy at your own desired pace.

    Perks of Using Vkeel
  • Expert & experienced Advocates
  • Instant Access to Consultation
  • One to One Consultation
  • Cost Effective/Affordable
  • Plethora of options
  • Confidential and Reputed
  • Varied legal services- documents, drafting, notices etc.

Advocate Dhiraj Malik

Gurgaon, Haryana
 

Admiralty or maritime law Alternative dispute resolution (ADR) Appellate practice +17 More
  • Experience 15+ Yrs
  • Answers 0
Speaks: Hindi, English
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Alternative dispute resolution Antitrust or competition law Appellate practice +21 More
  • Experience 5+ Yrs
  • Answers 0
Speaks: English , Hindi
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Alok pandey

Pathwalia, Uttar Pradesh
 

Wills or Trusts Alternative dispute resolution Tax +16 More
  • Experience 5+ Yrs
  • Answers 0
Speaks: Hindi, English
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Narendra Kedia

Kolkata, West Bengal
 

Agency law Appellate practice Arbitration +15 More
  • Experience 34+ Yrs
  • Answers 0
Speaks: English, Hindi, Bengali
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  • Experience 12+ Yrs
  • Answers 0

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Punit Bohra

Jodhpur, Rajasthan
 

Financial services regulation Criminal Cheque Bounce +4 More
  • Experience 18+ Yrs
  • Answers 0
Speaks: Hindi, English
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M G Vishnuvarthan

Coimbatore, Tamilnadu
 

Arbitration Banking law Business law +16 More
  • Experience 22+ Yrs
  • Answers 0
Speaks: Tamil, English, Telugu
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Anchit Khokher

Nainital, UTTARAKHAND
 

Arbitration Armed Forces Tribunal Banking law +7 More
  • Experience 11+ Yrs
  • Answers 0
Speaks: English, Hindi
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Adv.kamlesh Shrivastava

Gopalganj, Bihar
 

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  • Experience 22+ Yrs
  • Answers 0
Speaks: Hindi, English
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Durgesh Kumar Shukla

Lucknow, Uttar Pradesh
 

Armed Forces Tribunal Banking law Cheque Bounce +6 More
  • Experience 5+ Yrs
  • Answers 0

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