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Topic: Relationship Between Banker and Customer 🔹 1. Meaning of Banker and Customer Banker : A person or institution (like Reserve Bank of India regulated banks) that accepts deposits and lends money. Customer : A person who has an account with the bank. 📌 Case Law: 👉 Ladbroke v Todd The court held that a person becomes a customer when they open an account and have regular dealings with the bank. 🔹 2. Nature of Relationship The relationship between banker and customer is mainly: (A) Debtor–Creditor Relationship When a customer deposits money → Bank becomes debtor Customer becomes creditor 📌 Case Law: 👉 Foley v Hill Court held that money deposited becomes bank’s property, and bank is a debtor. 📌 Example: If you deposit ₹10,000 → bank can use it for lending; you only have a right to demand repayment. (B) Trustee–Beneficiary Relationship In special situations (like safe custody), bank acts as trustee 📌 Example: If you keep jewellery in a locker → bank...