Banking Law is regarded as gigantic concept for law that governs various financial institutions, functioning of banks, its administration. As bank provides various services to the public like lending money or investing money, banking law is made to ensure that banks conduct regulation in a fair manner and transparent way. It main objective is to reduce risk, prevent from other crimes, prevent banks from unfair loans etc. There are thousands of regulations made on large scale in which bank has to understand and then follow it like Baking Act 1933, Right to Privacy Act, Bank Secrecy Act. In various developed countries banking regulation are handled at national levels to maintain and balance stability in the economy. Many hurdles are faced by banks and banking law is an important tool to overcome from those hurdles. Hence, banking system have been with us from long time as transaction with money.