This book is intended to be an introduction to the Banking Law and Practice in India. Many Universities have introduced " Banking Law and Practice" as a paper in the curriculum of commerce and economics courses at the Under graduate and Post graduate levels. This book meets the requirements of the subjects in all its angles. The book claims no originality. It simply attempts to bring together literature on varied subjects, the knowledge of which is essential for day to day banking business. The book tries to enable the students to gain adequate knowledge in the areas of Indian banking Systems, Reserve Bank of India, RBI Act , 1934, Banking Regulation Act, 1949, Banking Companies Act, 1970, Banking Customer Relationship, Negotiable Instruments, Liabilities of Paying and collection Banker, Investment and Lending of Bank Funds, Letters of credit, NPAs etc. In addition to this, to strengthen the contents of this book, the recent developments in banking sectors are integrated and presented in a simple language to enhance the knowledge of student's community.