Add 'third gender' column in all forms: RBI to banks

Image
Press Trust of India Mumbai
Last Updated : Apr 23 2015 | 10:32 PM IST
In a move aimed at helping transgender persons open bank accounts and avail related services, the Reserve Bank today directed banks to include a separate column 'third gender' in all their forms and applications.
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, the RBI said.
"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," it said in a notification.
As per a judgment on April 14, 2014, the Supreme Court had upheld transgender persons' right to decide their self- identified gender and directed the centre and state governments to grant legal recognition of their gender identity such as male, female or as third gender.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 23 2015 | 10:32 PM IST

Next Story