FinMin asks banks to take measures for welfare of persons with disabilities
PTI April 30, 2026 03:00 AM
Synopsis

Public sector banks and financial institutions are now required to offer reservations for individuals with benchmark disabilities in direct recruitment and promotions. The Department of Financial Services has issued clear instructions for this implementation. Furthermore, these institutions must hold regular meetings with PwD Employees Welfare Associations to address concerns and ensure their voices are heard.

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New Delhi: The Department of Financial Services (DFS) has advised the managements of all public sector banks, insurance companies and other financial institutions to provide reservations to persons with benchmark disabilities in direct recruitment and promotion in line with government instructions.

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Besides, all public sector financial institutions have been advised to convene periodic meetings with the PwD Employees Welfare Associations to ensure that their views are heard and grievances resolved in a timely manner, the Finance Ministry said in a statement on Wednesday.


It also asked them to appoint a Chief Liaison Officer (CLO)/ Liaison Officer (LO) to ensure that instructions/orders issued by the central government with regard to reservation policy, including for PwDs, are implemented by them in letter and spirit, it said.
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