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Tag: Aadhar

Mandatory To Link Aadhaar With Bank Account: RBI Clarifies

Posted on October 23, 2017 By Tahir Siddiqui

The Reserve Bank of India, clarified that linking of Aadhaar with bank accounts is mandatory.  Some news items have appeared in a section of the media quoting that Aadhaar number linkage with bank accounts is not mandatory.”The Reserve Bank then clarified that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of

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Law in 60 is a first of it’s kind effort to provide legal news, updates and happenings from in and around India but without the long drawn stories. The legal industry is known for expansive analysis, opinions and lengthy writings running into pages – be it an article, judgement, commentary or a simple news report: Law in 60 aims to change that by providing reports and updates from various areas of law and relevant happenings but in 60 words or less, so you only spend 60 seconds or less.

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