Reserve Bank of India permitted Banks to use Aadhaar only for DBT accounts for KYC requirements
Reserve Bank of India(RBl) permitted banks to accept Aadhaar number(Offline verification) for Know Your Customer(KYC) verification with the consent of the customers. RBI has added the ‘Proof of possession of Aadhaar number’ to the list of Officially Valid Documents (OVD). This was notified by the RBI in its amended Master Direction on KYC. RBI’s Master […]










