Friday, October 25, 2013

Now, just Aadhaar number enough to open an account in Axis Bank

Mumbai: Axis Bank Ltd on Thursday became the first bank to allow customers to open an account with just their Aadhaar number. The Reserve Bank of India (RBI) on 2 September allowed paperless electronic authentication—or electronic know-your-customer (e-KYC)—provided by the Unique Identification Authority of India (UIDAI) as “officially valid.”..............

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