The action follows allegations of Bharti Airtel using the Aadhaar-eKYC based SIM verification process to open payments bank accounts of its subscribers without their ‘informed consent’. UIDAI ...

The replies too were found to be unsatisfactory as UIDAI continued to receive numerous complaints of unauthorised opening of Airtel Payments Bank accounts. ALSO READ: Airtel Bank A/Cs swell 3.5 ...

The Reserve Bank of India has imposed a penalty of Rs5 crore on Airtel Payments Bank for breaching Know Your Customer (KYC) norms. According to the apex bank, a monetary penalty of Rs 50 million ...

The UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC process as well as e-KYC of payments bank clients.

The UIDAI has asked Airtel to explain, by December 4, why action should not be taken against it for allegedly opening payments bank accounts without “informed consent” of customers who went ...

Mumbai: The Reserve Bank of India (RBI) has slapped a penalty of Rs 5 crore on Airtel Payments Bank for violating operating guidelines and Know Your Customer (KYC) norms. The penalty has been levied ...

New Delhi: In its strongest action yet, the UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers using eKYC ...

Also, certain complaints were made to UIDAI alleging that Airtel opened payments bank account without approval and the said account was then linked for receiving LPG subsidy.. The UIDAI is learnt ...

NEW DELHI: The UIDAI has slapped notices on Bharti Airtel and Airtel Payments Bank over its retailers allegedly opening payments bank accounts without taking "informed consent" of customers who go ...

The replies too were found to be unsatisfactory as UIDAI continued to receive numerous complaints of unauthorised opening of Airtel Payments Bank accounts. (Reuters) In its strongest action yet ...

UIDAI’s action follows allegations of Airtel using the Aadhaar-eKYC based SIM verification process to open payments bank accounts of its subscribers without their informed consent ...

New Delhi, Dec 16 (PTI) In its strongest action yet, the UIDAI has temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar-based SIM verification of mobile customers ...