-The Indian Express In the implementation of the Pradhan Mantri Jan Dhan Yojana, public sector banks and regional rural banks have opened 29.13 crore accounts as against 96 lakh accounts by the private banks. Chennai: The All India Bank Officers Confederation (AIBOC), the largest body representing over 3,25,000 officers, opposed the Centre’s move making Aadhaar mandatory and forcing bank officers to do Aadhar seeding. When the matter is subjudice in the...
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Do not force bankers to do Aadhaar seeding: bank officers' body
-The Hindu Business Line AIBOC questions legality of mandating UID linking of accounts Coimbatore: The All India Bank Officers’ Confederation (AIBOC) wants Aadhaar seeding of accounts put on hold till the Supreme Court comes out with a clear directive. “The government should make it clear to the people that the seeding of Aadhaar is voluntary and not mandatory,” said D Thomas Franco, General Secretary, AIBOC. He said the Aadhaar Act of 2016 was meant...
More »New petition in SC challenges RBI order for linking Aadhaar with bank a/c -Dhananjay Mahapatra
-The Times of India NEW DELHI: Posing a fresh challenge to Aadhaar, a writ in the Supreme Court has questioned the constitutional validity of the Reserve Bank of India's decision to make its linkage with Bank Accounts mandatory, adding strength to pending pleas challenging the unique identification on the grounds of violation of privacy. The writ comes a day after RBI stated that linking of Bank Accounts with Aadhaar has been made...
More »Job scheme funds frozen -ASRP Mukesh
-The Telegraph Ranchi: Over six lakh people engaged in jobs under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) in Jharkhand have not got their daily wages since September 15, the backlog on Tuesday standing at an estimated Rs 155 crores, making it a dim Diwali for the state's poorest. The onus of this lies on Jharkhand as the Centre has withheld funds as the state government has not yet handed...
More »Aadhaar centres: Banks question UIDAI's authority to issue directions -Gopika Gopakumar
-Livemint.com Only RBI has the power to issue directives to banks, says Indian Banks’ Association Mumbai: The Indian Banks’ Association (IBA) has questioned the jurisdiction of the Unique Identification Authority of India (UIDAI) in issuing directions to banks under the Aadhaar Act, according to two people aware of the matter. IBA has written to the ministry of electronics and information technology, the Reserve Bank of India (RBI) and the finance ministry’s department of...
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