Sebi allows e-KYC using Aadhaar for 8 entities

Sebi lists 8 entities that can undertake e-KYC Aadhaar authentication. (PTI Photo)

I-T dept working on issuing e-PAN on real-time basis

I-T department is working on a real-time PAN-TAN centre to further reduce the time required to allot PAN.

The company had denied any wrong doing and streamlined its processes to comply with the regulations.

Under this initiative, the user saves money every time he transacts on MobiKwik.

UIDAI, in an interim order, 'suspended e-KYC licence key of Bharti Airtel Ltd and Airtel Payment Bank Ltd with immediate effect.'

Service providers will facilitate an OTP-based verification process through SMS or voiced-based IVRS call or via a mobile app.

Company also aims to add over 10,000 KYC personnel to its existing workforce to achieve this target.

Telecom department had directed telecom operators to complete Aadhaar-based verification within a year.

The Supreme Court, had observed that, “an effective process has been evolved to ensure the identity verification

The existing paper-based KYC is not robust enough and the possibility of significant number of working SIMs