No need to mention religion for bank A/c, KYC: Finance Secy
New Delhi
21-December-2019
The Finance Ministry on Saturday said no Indian citizen has to mention religion for opening an account in banks.
Banking and Finance Secretary Rajiv Kumar, in a tweet, said: "No Indian citizen has to disclose his/her religion for opening a bank account, for old account or for KYC formalities."
He has asked bank customers not to believe in such rumours and fake news.
This clarity comes after media reports stated banks may soon seek details of client's and depositor's religion in the KYC form following changes in FEMA Act regulations while opening an NRO (non resident ordinary) account.IANS
- 0
-
-
-
-
More Headlines
Trump's aide Charlie Kirk Shot Dead at University Event In Utah
Nepal Shuts Pashupatinath Temple as Violent Youth Protests Escalate
Gen Z Protests Push Nepal to Restore Social Media Access After Youth-Led Unrest
Trump Softens Tone on India: “I’ll Always Be Friends With Modi” as Trade Row Deepens
AIADMK Rift Deepens: K.A. Sengottaiyan Demands Return of Expelled Leaders, Ultimatum to EPS
Trump's aide Charlie Kirk Shot Dead at University Event In Utah
Nepal Shuts Pashupatinath Temple as Violent Youth Protests Escalate
Gen Z Protests Push Nepal to Restore Social Media Access After Youth-Led Unrest
Trump Softens Tone on India: “I’ll Always Be Friends With Modi” as Trade Row Deepens
AIADMK Rift Deepens: K.A. Sengottaiyan Demands Return of Expelled Leaders, Ultimatum to EPS
