News Details

( 11/01/2018 14:51)
UIDAI allows Airtel Aadhaar-based verification till March 31

Aadhaar-issuing authority UIDAI has extended the temporary permission given to Bharti Airtel for using the biometric identity for re-verification of its mobile customers till March 31, reported PTI.

It had last month allowed Airtel to use Aadhaar for re-verification of its mobile customers till January 10 with stiff riders after the company returned Rs 138 crore LPG subsidy which flowed into unsolicited payment bank accounts.

The Unique Identification Authority of India maintained however that Airtel Payments Bank's eKYC licence will remain suspended till final enquiry and audit report, sources privy to the development told PTI.

When contacted, an Airtel spokesperson said: "We can confirm that the UIDAI has permitted Bharti Airtel to continue Aadhaar based e-KYC till March 31, 2018, subject to compliance to guidelines laid down by the authority."

Both Airtel and Airtel Payments Bank had come under fire after the Sunil Mittal-led firm allegedly opened accounts of its mobile phone subscribers without seeking their "informed consent", and LPG subsidy worth crores was deposited into them.

The government acted swiftly in the matter and the UIDAI had temporarily barred the company from conducting Aadhaar- based SIM verification of mobile customers using eKYC process, and e-KYC of payments bank clients.

However, keeping in mind the convenience of customers and also the looming March 31 deadline given by the Supreme Court for mobile SIM re-verification, UIDAI on December 21 allowed Bharti Airtel to use Aadhaar for re-verification of its mobile customers till January 10 with stiff riders.

"We continue to engage with the authorities and have addressed all concerns that they have raised. Compliance to all guidelines is of paramount importance to us and we remain committed to this," the Airtel spokesperson added.

Sources said UIDAI will take a view on the issue on February 10 after taking into account the final audit report of Department of Telecom, RBI and others on the matters.

To avoid a repeat of Bharti Airtel-type fiasco, the UIDAI last month directed banks to seek an explicit consent of the beneficiary before changing the account to which the government subsidy is being remitted.

ATTENTION INVESTORS 1 : "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case | 2 : "Prevent Unauthorized Transactions in your demat / trading account --> Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors. | 3 : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

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