Linking bank account to Aadhaar compulsory: Will your bank details be safe?

Bank customers are worried whether their details will be safe after linking it with Aadhaar or not

Over the past few months, we have been getting repeated reminders from banks to link accounts with the 12-digit unique identification number Aadhaar. The Reserve Bank of India on Saturday said biometric identity number Aadhaar linkage with bank accounts is mandatory. The RBI clarification followed media reports quoting a reply to a Right to Information (RTI) application that suggested the apex bank has not issued any order for mandatory Aadhaar linkage with bank accounts.

"The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second