Bank Account

Banks can use Aadhaar for KYC verification with customer's consent: RBI

Banks can use Aadhaar for KYC verification with the customer's consent, the Reserve Bank said Wednesday as it updated its list of documents eligible for identification of individuals

Govt may need to have a new form of law to mandate SIM card and bank account linking to Aadhaar

The government will have to ensure that it addresses issues drawn out by majority and minority verdict.

What you need to know before filing your income tax return

Taking a look at the various criteria/situations that make return filing mandatory for taxpayers.

Pension fund regulator makes bank account, mobile number mandatory for NPS subscribers

PFRDA takes various initiatives from time to time in order to simplify and improve the operational issues in National Pension System (NPS), like new functionality development under NPS architecture, simplification of account opening, withdrawal and grievance management

SC order extending Aadhaar deadline allays concerns of the elite but fails to protect the most vulnerable

It is imperative that public policy professionals and policymakers examine Aadhaar from an access-to-resources perspective, and not just from a data protection one.

RBI launches SMS campaign, missed-call helpline to warn people against fraudsters, prize money

Typically, fraudsters make calls or send SMSes and emails to gullible people promising lotteries and prize money from the Reserve Bank, at times from the RBI Governor himself, to trap them into sharing their banking account details or paying some 'fees or charges' to get the money.

Linking Aadhaar to real estate deals: Why it is need of the hour to bring benami transactions to light

Immovable properties remain impervious to Aadhaar scrutiny which is why the Urban Development Minister has mooted this suggestion

Not linked Aadhaar with your SIM, bank accounts, financial savings? Deadlines are nearing; here's how to do it

Banks are pretty serious about Aadhaar -Account linking deadline.

FASTags mandatory from 1 Dec: Glitches in electronic payment device can be removed with the help of cameras, too

There are quite a few apparent shortcomings in our extant FASTag system which was lapped up during the harrowing days of demonetisation when cash became a scarce commodity

Aadhaar-insurance linking step towards creating a unified financial services platform, checking frauds

it will now be simple and easy to authenticate our customers, bring in efficiency to our processes while onboarding a customer to settling claims.