A government ruling is expected to see Indian banks ask depositors and customers to list their religion. - ANNreported.
Amendments to the Foreign Exchange Management Regulations will let immigrant Hindus, Sikhs, Buddhists, Jains, Parsis and Christians -- all minorities from neighbouring Pakistan, Bangladesh and Afghanistan -- own property and open accounts in India. The changes are similar to a new law introduced by Prime Minister Narendra Modi’s government that bars Muslims from neighbouring countries from seeking Indian citizenship. That law, seen as a precursor to a nationwide citizenship register to weed out illegal migrants, has led to large-scale violent protests that have crossed religious lines, and drawn a crackdown by authorities.
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