adithya
Core Member
Bharti Airtel’s authorisation to conduct Aadhaar-based electronic verification of its mobile subscribers has been restored, but that of its payments bank remains suspended.
Airtel’s KYC (Know Your Customer) licence has been extended beyond March 31, subject to certain conditions. They will have to give a quarterly report of meeting various provisions under the Aadhaar Act,” said an official of the Unique Identification Authority of India. These compliance reports will be verified by UIDAI on its own or through an auditor.
“The department of telecom and UIDAI had done their audit. The company has complied with (removing) whatever deficiencies have been found. On that basis, their licence has been extended but they will submit quarterly reports to ensure there is no misuse,” the official said.
Airtel Payments Bank eKYC licence suspension continues and will be revoked only after the Reserve Bank of India (RBI) gives clearance, the official said.
Read more at:
//economictimes.indiatimes.com/articleshow/63549589.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
Airtel’s KYC (Know Your Customer) licence has been extended beyond March 31, subject to certain conditions. They will have to give a quarterly report of meeting various provisions under the Aadhaar Act,” said an official of the Unique Identification Authority of India. These compliance reports will be verified by UIDAI on its own or through an auditor.
“The department of telecom and UIDAI had done their audit. The company has complied with (removing) whatever deficiencies have been found. On that basis, their licence has been extended but they will submit quarterly reports to ensure there is no misuse,” the official said.
Airtel Payments Bank eKYC licence suspension continues and will be revoked only after the Reserve Bank of India (RBI) gives clearance, the official said.
Read more at:
//economictimes.indiatimes.com/articleshow/63549589.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst
