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Passport details of borrowers of Public Sector Banks

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....assport details of borrowers of Public Sector Banks <br>News and Press Release<br>Dated:- 28-3-2018<br><BR>With a view to enable banks to inform relevant authorities of passport details, if need arise....

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....s, vide letter dated 6.3.2018, Government has advised all Public Sector Banks to obtain a certified copy of the passport of the promoters/directors and other authorised signatories of companies availi....

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....ng of loan facilities of &#8377; 50 crore and above. The advisory further states that in existing cases, where loans of &#8377; 50 crore and above are given, banks may collect passport details. In add....

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....ition, it states that in cases where the concerned person does not have passport, a certificate in the form of declaration that he does not possess passport should suffice in lieu of passport details.....

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.... This was stated by Shri Rajiv Pratap Shukla, Minister of State for Finance in written reply to a question in Rajya Sabha.<BR> News - Press release - PIB....