Tag Archives: Aadhaar

RBI Says Linking Aadhaar Number To Bank Accounts Mandatory

Mumbai: The Reserve Bank of India (RBI) on Saturday dismissed media reports that it was not necessary to link national identity card numbers, known as Aadhaar numbers, to bank accounts. It said in a statement the requirement remained in force under anti-money laundering rules. “The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank account is ... Read More »

Jan Dhan, Aadhaar, mobile ushered in a social revolution: Jaitley

Finance minister Arun Jaitley on Sunday said JAM (Jan Dhan, Aadhaar and Mobile) trinity has ushered in a social revolution which will eventually bring all Indians into a common financial, economic and digital space, similar to how GST has created a unified market. “Within reach of the country is what might be called the 1 billion-1 billion-1 billion vision. That ... Read More »