Technoglitch
Core Member
Even as the banks continue to ask their customers to link Aadhaar with their bank accounts, the Reserve Bank of India (RBI) has said that it "has not issued any instruction so far regarding mandatory liking of Aadhaar number with bank accounts."
The central bank said this in response to a Right to Information (RTI) application filed by Moneylife.in.
The bank's response indicates that decision to mandatorily link bank accounts and Aadhaar was taken by the Centre alone, not the Reserve Bank.
"The Government has issued a Gazette Notification GSR 538(E) dated 1 June 2017 regarding Prevention of Money laundering (Maintenance of Records) Second Amendment Rules, 2017, inter-alia, making furnishing of Aadhaar (for those individuals who are eligible to be enrolled for Aadhaar) and permanent number (PAN) mandatory for opening a bank account. It may be noted that Reserve Bank has not yet issued an instruction in this regard," the RBI said.
Aadhaar link with bank account not mandatory yet: RBI reveals in RTI - Moneycontrol.com
The central bank said this in response to a Right to Information (RTI) application filed by Moneylife.in.
The bank's response indicates that decision to mandatorily link bank accounts and Aadhaar was taken by the Centre alone, not the Reserve Bank.
"The Government has issued a Gazette Notification GSR 538(E) dated 1 June 2017 regarding Prevention of Money laundering (Maintenance of Records) Second Amendment Rules, 2017, inter-alia, making furnishing of Aadhaar (for those individuals who are eligible to be enrolled for Aadhaar) and permanent number (PAN) mandatory for opening a bank account. It may be noted that Reserve Bank has not yet issued an instruction in this regard," the RBI said.
Aadhaar link with bank account not mandatory yet: RBI reveals in RTI - Moneycontrol.com