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What are good practices for keeping the passwords confidential?

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What are good practices for keeping the passwords confidential?

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To have better security of your passwords, the following instructions may be looked in to: Password should not be based on Internet Banking User Id, Spouse/childrens name, telephone/Vehicle number, birthday or any other personal information, which can be easily guessed. Password must be kept confidential at all times and not to be divulged to anyone even if they claim to be from the Bank. Password must be memorized and not to be recorded anywhere. Password should be changed regularly. The above is only indicative and not exhaustive.

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