Rajya Sabha Passes Bill Updating Bank Evidence Law for Digital Age

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The Rajya Sabha has passed a new bill that recognises digital bank records as valid legal evidence. The legislation is set to replace the Bankers' Books Evidence Act of 1891, a law that is 135 years old. The move aims to bring India's legal framework around financial evidence in line with modern digital banking practices. The bill marks a significant update to how banking records are treated in courts and legal proceedings.

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