Bharti Airtel said the Reserve Bank of India has lifted the restriction on signing up new customers imposed on its banking unit Airtel Payments Bank. The restriction was imposed in January after reports that the company was signing up its mobile customers on its payments bank platform without seeking their full consent. Payments Banks are […]
Kotak Mahindra Bank said its customer base increased by 50% in nine months after it launched a mobile app to facilitate quick opening of bank accounts using Aadhaar. The company launched an app called 811 on March 29, 2017, three months after the Reserve Bank of India allowed banks to establish their customer’s identity by […]
The Ministry of Electronics and Information Technology said no case has been registered against reporter Rachna Khaira or The Tribune newspaper in relation to the January 3 story on how Aadhaar details were available for sale at Rs 500. The report had claimed that ‘agents’ were providing Aadhaar verification solutions for as little as Rs […]
The total amount of money held under the accounts opened under the Jan-Dhan Yojana is once again nearing the all-time high seen during demonetization, and has increased by nearly 10% over a period 4 months, puzzling banking officials. Numbers from RBI also show that Jan Dhan accounts have stopped losing money and that the average amount […]
Going by indications from the Unique ID Authority of India, Aadhaar numbers could soon be linked to people’s images, allowing the government and corporations to identify people from their photographs and videos. “UIDAI introduces yet another landmark technology for authentication – Face Authentication,” tweeted @ceo_uidai, the official handle of the CEO of UID Authority of […]
Social and mainstream media is abuzz with headlines that scream that the Aadhaar database has been ‘leaked’ or ‘breached’ by miscreants and that the UID Authority of India has been caught napping. “Personal data of a billion Indians sold online for £6”, screams the Guardian. “Local Indian newspaper was able to access the private data […]
The Government of India has assured the Supreme Court that it will issue a notification to extend the deadline to link essential services, except mobile connections, to Aadhaar to March 31 from December 31. The assurance was given by the Attorney General in the Supreme Court today. The notification is likely to be issued as […]
Bharti Airtel today said it has not violated any norms set down by the UID Authority of India for the use of Aadhaar verification. Responding to a notice from the stock exchanges, the company confirmed having received notices from the UID Authority on alleged violations of norms. “We confirm that the company is dealing with […]
With the central government breathing down the necks of telecom operators to link all connections with Aadhaar numbers, Vodafone has launched Aadhaar verification vans in Rajasthan to ease the process. The vans were initially launched with the purpose of easing the 4G SIM upgrade process. Over the past 10 months, mobile vans have helped thousands […]
BJP leader and libertarian politician Subramanian Swamy said he believes that the design of Aadhaar system exposes core data to ‘American intelligence agencies’ and expressed consternation that the government was continuing with the unique identification number scheme. Speaking to Mirror Now on the controversies around the linking of bank accounts, tax accounts and mobile numbers […]
Five customer accounts belonging to Andhra Bank and Syndicate Bank were subjected to fraudulent withdrawals using the customer’s Aadhaar data, government data indicated. Four of the five Aadhaar fraud cases took place in Andhra Bank, while the remaining one took place in Syndicate bank. The four account holders of Andhra Bank lost a total of […]
Former Infosys CEO Nandan Nilekani, who took over as Chairman of the company to resolve the tension between key shareholders and the management, said he did not join the IT company to run it. He said he was not in the company to step into the shoes of Vishal Sikka, the CEO who resigned last […]
The finance ministry has conducted an examination of the existing welfare and subsidy schemes of the central governments and identified 532 of them as being suitable to be migrated to the ‘direct benefit transfer’ or DBT model of disbursing of funds. Under the DBT scheme, the scheme benefit is converted into an equivalent monetary value, which […]
The total number of Aadhaar cards issued by the Unique Identification Authority of India has reached 112.25 cr or 1.122 bln as of the beginning of this month, but enrollments in the border state of Assam trail at 6.5%, according to numbers provided by the UIDAI. The total number suggests that about 86% of India’s estimated […]
The Department of Telecom is considering the remove of local address requirements for people taking a new mobile connection using an Aadhaar card. “We are in final talks. It will take a few more days,” said a DoT official. At present, taking a mobile phone connection requires that the subscriber should either have proof of […]
The Unique Identification Authority of India has rebutted allegations that Aadhaar data submitted by citizens to companies are prone to misuse. Aadhaar — which is India’s equivalent to the US social security number — is a unique number given to each resident of India, including non citizens. Each Aadhaar number is associated with a set […]
The head of the Unique Identity Authority of India has urged the public to write down the purpose and date when they submit photocopies of their Aaadhar cards to exchange currency notes to prevent misuse. “Photocopies of the Aadhaar letter are being submitted by the general public to banks. We urge them to clearly indicate […]
Ten days after Mukesh Ambani, chairman of Reliance Jio, promised to roll out a superfast activation procedure for new SIMs within “2-4 weeks”, the facility is now available in several small towns, suggesting that the company may be running ahead of schedule on its e-KYC roll-out. The new system has been rolled out with the […]
The Women and Child Development Ministry will be start a new initiative for providing birth certificates and Aadhaar Cards to street children, women and child welfare minister Maneka Gandhi said. Gandhi was speaking at a function organized by NGO Dayaa Foundation established by Rajanikanth’s wife Latha. Aadhaar is a unique identification project started by the […]
