The central bank is likely to issue a circular on this within a week, says Deputy Governor H.R. Khan
....The central bank will soon issue a circular allowing the use of the Aadhaar as KYC, one of its Deputy Governors, H.R.Khan, said on the sidelines of Bancon, the annual bankers’ conference in Pune. Currently, then Aadhaar card carries a disclaimer that it cannot be used as an identity to conduct banking transactions. “KYC norms will be further relaxed soon to allow the use of any one document, which has both address and identity proofs. We will allow the Aadhaar card to be used as proof of identity,” Khan said. The central bank is likely to issue a circular in this regard within a week, Khan said......
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