Airtel Payments Bank fined for violating KYC norms, sees no customer adds since January

Thursday 28 June 2018 | 14:47 CET | News
In November 2017, the Unique Identification Authority of India (UIDAI) barred Airtel from conducting Aadhaar-based e-KYC of its mobile customers and payments bank clients after reports emerged that payment bank accounts were opened for its mobile subscribers without "informed consent" and cooking gas subsidy worth billion of rupees was deposited into them.

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Categories: Mobile & Wireless
Companies: Airtel
Countries: India
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