For decades, millions of Indians lived on the fringes of the formal financial system. No documentation meant no bank accounts, no access to credit, and […]
Tag: Aadhaar
UIDAI to launch Aadhaar Authentication Portal for businesses and government agencies
The Unique Identification Authority of India (UIDAI) is set to launch a dedicated Aadhaar authentication portal next week, simplifying the approval process for businesses and […]
Sumnesh Joshi to honour 4th BFSI & Fintech Conclave & Awards as Chief Guest
Sumnesh Joshi, Deputy Director General (Joint Secretary Level), Ministry of Communications and IT, is going to be the Chief Guest at the 4th BFSI and […]
Irdai forms task force to facilitate ease of doing KYC using Aadhaar
Regulator Irdai has constituted a task force to facilitate ease of doing Know Your Customer (KYC) by insurers using Aadhaar, the 12-digit individual identification number. […]
FinMin permits 22 finance cos to undertake Aadhaar-based verification of clients
The Finance Ministry has allowed 22 financial companies, including Amazon Pay (India) and Hero FinCorp, to undertake Aadhaar-based authentication of clients. The ministry, through a […]
Redact promoters’ Aadhaar info from docs: Sebi to investment banks
The markets regulator has asked investment banks to redact Aadhaar details of promoters from hundreds of offer documents filed by companies with Securities and Exchange […]
Budget likely to drop PAN for some financial transactions with Aadhaar
The upcoming budget may drop the requirement of quoting the Permanent Account Number (PAN) for certain financial transactions if Aadhaar is available, as financial institutions […]