Banks can use Aadhaar for KYC with customer's consent: RBI2 min read 30 May 2019, 12:22 AM IST
The RBI specifies Know Your Customer norms to be followed by banks and other entities regulated by it for various customer services, including opening of bank accounts
RBI further said that 'Proof of possession of Aadhaar number' has been added to the list of Officially Valid Documents
Mumbai: Banks can use Aadhaar for KYC verification with the customer's consent, the Reserve Bank said Wednesday as it updated its list of documents eligible for identification of individuals.
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