India, May 20 -- US President Donald Trump's recent immigration initiative may now place banks and financial records at the forefront of US immigration enforcement, potentially heightening scrutiny for certain immigrants, including Indians residing and working in the United States.

On May 19, Trump signed an executive order instructing banks and financial regulators to investigate "red flags" associated with customers' immigration and citizenship status as part of a wider effort to combat undocumented immigration, as reported by the White House, Associated Press, and Reuters.

The order, entitled "Restoring Integrity to America's Financial System", requests that financial institutions and regulators enhance their monitoring for suspiciou...