Electronic Records Of Banking Transaction-admissibility Of Evidence In India

In the internet era, many customers of banks are migrating from paper based documentation to remote electronic access and transaction initiation such as automated teller machines (ATM’s), telebanking and PC-banking. Therefore, the way the banking information was traditionally stored and presented in courts as evidence should also be changing in order to keep pace with the technological development. This summary deals with modifications to the Bankers Book of Evidence Act, 1891 (BBEA) which would allow storage of “bankers books” in electronic forms and it allows it to be presented in courts as evidence of banking transactions.

The following questions have been addressed in this article:

Are there any specific requirements of admitting electronic bankers’ book as evidence?
What is the procedure for approving printouts of data stored in any form of electro- magnetic data storage device as “certified copy”?

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