RBI decision to allow NBFCs apply for Aadhaar-e-KYC Authentication Licence to promote digitisation

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RBI has said NBFCs, Payment System Providers and Payment System Participants desirous of obtaining Aadhaar Authentication License – KYC User Agency (KUA) License or sub-KUA License, may submit their application to the central bank for onward submission to Unique Identification Authority of India (UIDAI)

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