The government on Monday introduced a Bill in the Lok Sabha to replace the British-era Bankers' Books Evidence Act, 1891, with a new law that would recognise digital and virtual bank records as admissible evidence in courts.
Finance Minister Nirmala Sitharaman introduced the Bankers' Books Evidence Bill, 2026, which seeks to repeal and replace the 1891 legislation in line with the growing reliance on digital banking and electronic records.
