JAIIB and DB&F (Diploma in Banking & Finance) Examination is conducted by Indian Institute of Banking and Finance (IIBF) in May and November every year. ‘Legal & Regulatory Aspects of Banking’, is the 3rdpaper of the JAIIB/DB&F Examination.•This Book has been written keeping in mind the requirements of the new entrants in banking and their preparation for JAIIB. Exhaustive material has been provided in the book which will help the readers in grasping in- depth knowledge of various Legal and Regulatory Aspects in Banking.•The book is based on the latest JAIIB syllabus. It is an updated comprehensive textbook with objective questions. It contains latest changes in banking and financial sectors upto September 2020. •It contains several objective questions at the end of each chapter for testing the readers’ preparation. Two mock tests for self-assessment of preparation are also given in the end of the book.•It is a very useful book for day-to-day banking operations and all knowledge based examinations in banking. It is believed, this book will be beneficial to all the new entrants in banking.