Aadhaar Bank Account News

Politics

Lok Sabha okays bill to make Aadhaar linkage voluntary

The passage of the Aadhaar amendment bill comes amid opposition concern that the amendments infringe on Supreme Court's Aadhaar verdict

2 min read5 Jan 2019
Politics

Govt tables Aadhaar Amendment Bill in Lok Sabha

The Aadhaar Amendment Bill seeks to amend three separate laws governing Aadhaar, telecom sector, and banking regulation

2 min read3 Jan 2019
Money

What will happen to bank accounts opened through Aadhaar

Most banks have started mentioning on their websites that providing Aadhaar-OTP for know-your-customer (KYC) is now optional.

2 min read2 Oct 2018
Industry

UPI transactions cross 400 million mark in September

405.87million UPI transactions amounting to 59,835.36 crore were carried out during Septembera 30% jump over 312.02 million transactions worth 54,212.26 crore in August

2 min read1 Oct 2018
Politics

Aadhaar not mandatory for bank account, mobile number but must for ITR filing

Aadhaar card is mandatory for linking PAN for filing ITR, said Supreme Court.

1 min read27 Sep 2018
Industry

Airtel Payments Bank gets RBI nod to resume enrolling customers

UIDAI has allowed Airtel Payments Bank to use Aadhaar -based e-KYC to open bank accounts

1 min read12 Jul 2018
Industry

Aadhaar has emerged as key document for new bank accounts: Survey

Most respondents in the survey say they used the analogue form of Aadhaar document for opening bank accounts instead of using e-KYC service

2 min read28 May 2018
Politics

Govt may extend 31 March deadline for Aadhaar linkage

Attorney general K.K. Venugopal has told the Supreme Court that deadlines have been extended in the past and the government will extend the deadline again, may be by the end of month

2 min read6 Mar 2018
Industry

Mobile wallet firms grapple to get users to comply with KYC norms

Operational issues, Aadhaar-bank account linking and restrictions on money transfers, have dealt a setback to the mobile payments industry

2 min read3 Mar 2018
Politics

Users’ consent must for changing bank accounts to receive subsidies: UIDAI

Subsidy from government welfare schemes are getting transferred to the bank account most recently linked to Aadhaar and not the designated bank account

2 min read20 Dec 2017
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