Thread Started by #neer737

Sir, I am working as Clerk in a reputed PSU BANK. I want to do post graduation in law. I heard about distance education course in Masters in Business law from National law school Bangalore. Will it be valid in PSU banks. Will i get a chance to work in legal departments in PSU banks. I want to work as Law officer in my bank. Please guide me.
Thank You.
18th January 2016 From India, Mumbai
Dear,
Distance Law Courses have no values in Banking sector. It is better for you to go for full time L.L.B. course. For working in Law department is it necessary in your Bank to have Law Degree? Examination of various banking documents can be done on the basis of experience. You should have sufficient knowledge of your Bank's Advances port folio. The documents required for various types of Fund base & Non fund base facilities. For filling suits against defaulting borrower must be entrusted to your Bank's panel advocates & in that case you have to read,examine and understand each & every document which are necessary for filling suit. On the basis of Law degree you can'r appear in court on behalf of Bank. You can appear only as representative of Bank. You should have sufficient knowledge of laws applicable i.e SARFAESI Act-2002 with all provisions, 138 of Negotiable Instrument Act etc.
A. Prakash
18th January 2016 From India, Halol
Sir But with this course will I not get professional knowledge plus a degree in law. What is your suggestion , should I go for it? Niraj
18th January 2016 From India, Mumbai
Dear,
You may go for full time L.L.B. course. Simple L.L.B. degree will not serve the purpose. You should take more interest in Loan & Advances section of your Bank. Pl everybody feels good while availing loan & Advances from Banks but whenever you go for recovery of public money, everybody will start guessing you differently. In regular Banking there are very few things of learning but in Loans & Advances section you can learn more which will help you in building your career.
A. Prakash
19th January 2016 From India, Halol
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