No need to mention religion for bank A/c, KYC: Finance Secy


New Delhi, Dec 21 (IANS): 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.

  

Comment on this article


LEAVE A COMMENT

Title : No need to mention religion for bank A/c, KYC: Finance Secy


 
 
 
 

 
You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.


Security Validation

Enter the characters in the image