Banks sans Aadhaar enrolment centres face Rs 20k fine from Oct

Updated: Tue, Sep 05, 2017
03:59 pm
PTI
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The UIDAI has given banks one more month to open Aadhaar enrolment centres in a stipulated 10 per cent of branches and will impose Rs 20,000 as fine per uncovered branch after September 30, CEO Ajay Bhushan Pandey said today.

The Unique Identification Authority of India (UIDAI), in July, had asked private as well as public banks to open Aadhaar enrolment and updation facility in one out of 10 branches by August-end.

The reprieve of one month has now been granted as many banks sought additional time from the authority for setting up such facility on their premises.

"Banks approached us saying they need more time, so we have given them till September 30 to set up the facility.

Non-compliance after the deadline will attract a fine of Rs 20,000 per uncovered branch every month," Pandey told

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

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