...........In a notification on Monday, the central bank said an e-KYC was acceptable under the Prevention of Money Laundering (Maintenance of Records) Rules, 2005. Banks may open a new account by taking a person's Aadhaar number and biometrics. Once matched, the demographic data, including identity and address proof stored with the UID's central registry, can be accessed by the bank concerned to complete the verification. A bank will need to take "explicit consent" of the person concerned to "release her or his identity/address through biometric authentication to the bank branches/business correspondents," RBI said.............
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