• Friday, April 19, 2024

Business

Airtel deposits ‘interim penalty’ of Rs 2.5 crore (25 million) with UIDAI

By: Eastern Eye Staff

On Monday, UIDAI had temporarily barred Bharti Airtel and Airtel Payments Bank from conducting Aadhaar linked e-KYC verification of SIMs and bank clients. The company however responded by saying no bank account was opened without the consent of the customers and additional safeguards have been introduced More than 31 lakh (3.1 million) customers received Rs 190 crore (1900 million) of LPG subsidy in their Airtel bank accounts, which they did not know had been opened. The Unique Identification Authority of India (UIDAI) was informed that at the time of mobile verification using Aadhaar e-KYC, the Airtel retailers were also opening Airtel…

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