Wednesday, June 19, 2013

Nandan Nilekani's Aadhaar project faces fight from a team of Europay, Mastercard & Visa

........But, if the group, constituted by the Reserve Bank of India, prefers Aadhaar, banks will have to change their systems, procure biometric machines and prepare for different security standards. Bankers, however, are reluctant to spell out their stand openly because the government thinks Aadhaar can be a game changer in disbursing subsidies to people in far-flung regions..............

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