City
Epaper

Axis Bank announces policy for LGBTQIA customers & employees

By Lokmat English Desk | Published: September 07, 2021 3:26 PM

Axis Bank has announced the launch of a special facility for its LGBTQIA + (gay) employees and customers. This ...

Open in App

Axis Bank has announced the launch of a special facility for its LGBTQIA + (gay) employees and customers. This includes the freedom for employees of the community to dress as they wish, and the freedom for customers to nominate their partners.

Axis Bank on Monday announced its policy for LGBTQIA +. A chart has been made for this. In its landmark order in September 2018, the Supreme Court ruled that it would not be a crime for two people to have consensual sex in any private place.

Under the new polices, all Axis Bank employees can list their partners for mediclaim benefits irrespective of gender, sex or marital status. They can now choose to dress in accordance with their gender or gender expression. This will benefit employees who are unmarried or unable to do so. Not only that, the LGBT employee can choose which restroom to sit in according to his / her gender identity or expression. The company has built restrooms for all genders in its large offices. Also these employees can wear clothes as per their liking.

Axis Bank said it has taken this #ComeAsYouAre step in the spirit of the Supreme Court. The bank has provided many facilities for its customers. After September 20, customers of this community can start a savings account, FD account with their same gender partner. Customers who are gender non binary, gender fluid or transgender persons will have the option of choosing their title from the option of ‘Mx’ in their savings or term deposit account. Customers can also opt to make their same sex partner a nominee in their savings or term deposit account at Axis Bank.

Tags: Axis BankSupreme CourtLgbtqia
Open in App

Related Stories

NationalReview Petitions Against Supreme Court's Decision Upholding Article 370 Abrogation Listed for Hearing On May 1st

NationalDelhi Excise Policy Case: Why No Bail Plea in Trial Court, Supreme Court Asks CM Arvind Kejriwal

NationalSupreme Court Denies Request to Delay CA Exams Amid Lok Sabha Election 2024

National“Not a Single Rupee Was Traced Back to AAP”: CM Arvind Kejriwal Files Response on ED’s Affidavit in Supreme Court

NationalLok Sabha Election 2024: What Happens When NOTA Gets the Most Votes? Know Here

Business Realted Stories

BusinessKVS Manian steps down as Joint Managing Director of Kotak Mahindra Bank

BusinessCCI approves Sanyo Special Steel's additional 15.43 pc stake in Indian steel manufacturer

BusinessWipro signs multi-million deal with Nokia for digital workplace services

BusinessIndiGo eyes long-haul expansion with Airbus A350-900 aircraft, deliveries to commence in 2027

BusinessKathmandu hosts post-investment summit India-Nepal B2B meet to bolster economic ties