Bank Account Verification
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How to Change Registered Mobile Number in SBI Using Different Methods
Updating your registered mobile number with SBI is crucial to staying informed about your account activity. SBI offers three easy methods to change your mobile number: online via internet banking, through SBI ATMs, or by visiting your home branch. Online users can quickly update their number with OTP verification, while non-tech-savvy customers can...
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Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
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How to Add Your Bank Account to Paytm for UPI Transcations
A user must first install the Paytm app from Google Play store or Apple’s App Store onto their phones to begin using the digital payment service. Once this is done, they will need to register on the Paytm app. It is recommended to use the same number on Paytm that is linked to your bank account.
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Government Introduces Aadhaar Amendment Bill In Lok Sabha
The government Wednesday introduced a bill in the Lok Sabha that will allow individuals to voluntary offer biometric ID Aadhaar as a means of identity verification for obtaining services like opening a bank account and getting a mobile phone connection.
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Parliament Can Overrule Supreme Court On Aadhaar, Says Arun Jaitley
Finance Minister Arun Jaitley said today that a parliament approved legislation can restore mandatory linking of biometric ID Aadhaar with mobile phones and bank accounts, but did not say if the government will bring a new law for the same.
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How Safe Is Aadhaar Data? 10 Things To Know
Aadhaar is secure and nothing can impact the security of Aadhaar database, said Unique Identification Authority of India (UIDAI) in a series of tweets posted on its official handle-uidai.gov.in. According to UIDAI, the entire Aadhaar system is secure. This clarification came after rumours were surfaced on social media that Aadhaar PDF has been avai...
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Aadhaar Linking Deadline Extended: 5 Developments So Far
The Supreme Court on Tuesday extended the deadline of March 31 for linking of various services with Aadhaar till it delivers its judgment on its constitutional validity of the biometrical identification scheme, said a report by news agency Indo-Asian News Service. Aadhaar number is a 12-digit random number issued by the UIDAI or Unique Identificati...
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UIDAI Allows Airtel Aadhaar-Based Verification Till March 31
Both Airtel and Airtel Payments Bank had come under fire after the Sunil Mittal-led firm allegedly opened accounts of its mobile phone subscribers without seeking their "informed consent", and LPG subsidy worth crores was deposited into them.
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Airtel, Airtel Payments Bank's eKYC Licence Suspended by UIDAI
This essentially means Airtel would not be able to carry out 'electronic-verification' or link mobile SIMs of its customers with their Aadhaar.
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Airtel Blocked From Aadhaar Platform After Being Accused Of Misusing Data
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 e-KYC process as well as e-KYC of payments bank clients.
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Aadhaar-SIM Linking: UIDAI Suspends Airtel, Airtel Payments Bank's eKYC Licence
Aadhaar body (UIDAI) cracked down upon Airtel after allegations of using the Aadhaar-eKYC based SIM verification process to open payments bank accounts of its subscribers without their informed consent
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Do NRIs Need To Link Aadhaar Card With PAN, Bank Account, Mobile Number (SIM)?
NRIs and Overseas Citizens of India (OCIs) need not verify their bank account or SIM or PAN with Aadhaar. "If required, they may inform the service provider(s) that they being NRI/OCI are exempted from Aadhaar verification," the UIDAI said.
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Tax Officials To Go Easy On Deposits Up To Rs 5 Lakh By Those Above The Age Of 70
The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but the limit has been fixed at Rs 2.5 lakh for other individuals. "There is absolutely no cause for panic. We are not going after everyone who deposited their holding of the demonetised currency in ba...
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How to Change Registered Mobile Number in SBI Using Different Methods
Updating your registered mobile number with SBI is crucial to staying informed about your account activity. SBI offers three easy methods to change your mobile number: online via internet banking, through SBI ATMs, or by visiting your home branch. Online users can quickly update their number with OTP verification, while non-tech-savvy customers can...
-
Paytm Crackdown Signals More RBI Scrutiny on India Banks
India stunned investors last month by abruptly suspending most activities of the banking affiliate of Paytm, a once high-flying fintech star that had attracted backing from Warren Buffett and SoftBank Group Corp. While the Paytm case was an extreme example of lapses in customer verification — it allegedly used a single identity document to open t...
-
How to Add Your Bank Account to Paytm for UPI Transcations
A user must first install the Paytm app from Google Play store or Apple’s App Store onto their phones to begin using the digital payment service. Once this is done, they will need to register on the Paytm app. It is recommended to use the same number on Paytm that is linked to your bank account.
-
Government Introduces Aadhaar Amendment Bill In Lok Sabha
The government Wednesday introduced a bill in the Lok Sabha that will allow individuals to voluntary offer biometric ID Aadhaar as a means of identity verification for obtaining services like opening a bank account and getting a mobile phone connection.
-
Parliament Can Overrule Supreme Court On Aadhaar, Says Arun Jaitley
Finance Minister Arun Jaitley said today that a parliament approved legislation can restore mandatory linking of biometric ID Aadhaar with mobile phones and bank accounts, but did not say if the government will bring a new law for the same.
-
How Safe Is Aadhaar Data? 10 Things To Know
Aadhaar is secure and nothing can impact the security of Aadhaar database, said Unique Identification Authority of India (UIDAI) in a series of tweets posted on its official handle-uidai.gov.in. According to UIDAI, the entire Aadhaar system is secure. This clarification came after rumours were surfaced on social media that Aadhaar PDF has been avai...
-
Aadhaar Linking Deadline Extended: 5 Developments So Far
The Supreme Court on Tuesday extended the deadline of March 31 for linking of various services with Aadhaar till it delivers its judgment on its constitutional validity of the biometrical identification scheme, said a report by news agency Indo-Asian News Service. Aadhaar number is a 12-digit random number issued by the UIDAI or Unique Identificati...
-
UIDAI Allows Airtel Aadhaar-Based Verification Till March 31
Both Airtel and Airtel Payments Bank had come under fire after the Sunil Mittal-led firm allegedly opened accounts of its mobile phone subscribers without seeking their "informed consent", and LPG subsidy worth crores was deposited into them.
-
Airtel, Airtel Payments Bank's eKYC Licence Suspended by UIDAI
This essentially means Airtel would not be able to carry out 'electronic-verification' or link mobile SIMs of its customers with their Aadhaar.
-
Airtel Blocked From Aadhaar Platform After Being Accused Of Misusing Data
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 e-KYC process as well as e-KYC of payments bank clients.
-
Aadhaar-SIM Linking: UIDAI Suspends Airtel, Airtel Payments Bank's eKYC Licence
Aadhaar body (UIDAI) cracked down upon Airtel after allegations of using the Aadhaar-eKYC based SIM verification process to open payments bank accounts of its subscribers without their informed consent
-
Do NRIs Need To Link Aadhaar Card With PAN, Bank Account, Mobile Number (SIM)?
NRIs and Overseas Citizens of India (OCIs) need not verify their bank account or SIM or PAN with Aadhaar. "If required, they may inform the service provider(s) that they being NRI/OCI are exempted from Aadhaar verification," the UIDAI said.
-
Tax Officials To Go Easy On Deposits Up To Rs 5 Lakh By Those Above The Age Of 70
The tax department will not carry out any further verification for cash deposits up to Rs 5 lakh made by people above 70 years of age post note ban, but the limit has been fixed at Rs 2.5 lakh for other individuals. "There is absolutely no cause for panic. We are not going after everyone who deposited their holding of the demonetised currency in ba...
