Kumari Palany & Co

Reserve Bank directs banks to include a separate column for transgenders

Posted on: 24/Apr/2015 11:04:33 AM
The Reserve Bank has directed banks to include a separate column `third gender` in all their forms and applications in a move aimed at helping transgender persons open bank accounts and avail related services.
 
The RBI said,” It has been brought to our notice that transgender persons face difficulties in opening accounts as there is no provision for them in the account opening and other forms. Banks are, therefore, directed to include `third gender` in all forms/applications etc. prescribed by the Reserve Bank or the banks themselves, wherein any gender classification is envisaged.”