Airtel Payment Bank has been denied permission to use Aadhaar-linked Know Your Customer authentication awaiting a report from RBI. The bank regulator is yet to submit a report on the allegations that the payment bank routed government subsidy on LPG cylinders subsidies to accounts it opened for Bharti Airtel Telecom customers without explicit prior consent.
Experts contend that this set back, even if temporary, could put the company at a disadvantage to its competitors in acquiring new customers.
On May 16th, the Unique Identity Authority of India published a list which categorised Aadhaar eKYC using companies into global
Experts contend that this set back, even if temporary, could put the company at a disadvantage to its competitors in acquiring new customers.
On May 16th, the Unique Identity Authority of India published a list which categorised Aadhaar eKYC using companies into global