Indian Finance Ministry confirms LGBTQ individuals can open joint bank accounts and designate nominees.

The Indian Finance Ministry confirms that LGBTQ individuals can open joint bank accounts and designate nominees, following a Supreme Court ruling on Oct 17, 2023. The Reserve Bank of India directive ensures financial practices align with the court's ruling and supports inclusivity and equality. The government aims to address issues related to the queer community through a six-member committee appointed in April 2024.

August 29, 2024
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