NewsBytes
    Hindi Tamil Telugu
    More
    In the news
    Narendra Modi
    Amit Shah
    Box Office Collection
    Bharatiya Janata Party (BJP)
    OTT releases
    Hindi Tamil Telugu
    NewsBytes
    User Placeholder

    Hi,

    Logout

    India
    Business
    World
    Politics
    Sports
    Technology
    Entertainment
    Auto
    Lifestyle
    Inspirational
    Career
    Bengaluru
    Delhi
    Mumbai

    Download Android App

    Follow us on
    • Facebook
    • Twitter
    • Linkedin
    Home / News / India News / UIDAI has no jurisdiction over banks: IBA protests directives
    Next Article
    UIDAI has no jurisdiction over banks: IBA protests directives

    UIDAI has no jurisdiction over banks: IBA protests directives

    By Gogona Saikia
    Oct 21, 2017
    11:28 am

    What's the story

    According to sources, the Indian Banks' Association (IBA) has written to the RBI, IT Ministry and finance ministry questioning whether the UIDAI has the power to issue directives to banks under the Aadhaar Act.

    Only the central bank is so empowered under the Banking Regulation Act, it argued.

    This comes after the UIDAI issued several instructions to banks, including opening Aadhaar enrolment centres.

    DIrections

    What has the UIDAI been asking banks to do?

    In July, the UIDAI asked banks to open Aadhar enrolment and updation centres in a tenth of their branches by August. The deadline was later extended to September.

    It would levy a fine of Rs. 20,000 per uncovered branch after September, it said.

    In an October 7 directive, it asked banks to remove private agencies and act as both the registrar and enrolment agency.

    Quote

    What is its latest directive about?

    "Banks shall complete the task of setting up Aadhaar enrolment and update centre in 15,200 bank branches by October 31. The centres shall be operated by banks directly inside bank branches without involvement of any private Aadhaar enrolment agencies," a circular said.

    Problems

    What does this mean for banks?

    Many banks had already roped in private agencies for the purpose. SBI had appointed 400 agencies.

    Now they will have to allot existing staff for the process, thus hampering daily operations.

    "Aadhar enrolment is not the primary role of banks," the IBA letter insisted, flagging issues.

    "We are awaiting clarity from both RBI and government," an official said.

    Powers

    So is the UIDAI actually empowered to order banks?

    A government official says UIDAI can ask any state agency that requires presentation of Aadhaar by customers to also "ensure enrolment of such individual who is yet to be enrolled or update their details, by setting up enrolment centres".

    However, according to SD Kelkar, former legal head of SBI, UIDAI's rule-making powers don't empower it to make it mandatory for banks to enrol customers.

    Facebook
    Whatsapp
    Twitter
    Linkedin
    Related News
    Latest
    India
    Reserve Bank Of India (RBI)
    Aadhaar Card
    Unique Identification Authority of India

    Latest

    India expels Pakistani diplomat for 'undiplomatic activities' Indian Army
    'Sitaare Zameen Par' trailer: Aamir proves everyone's normal is different  Aamir Khan
    Which Indian batter has most double-centuries in Test cricket? Indian Cricket Team
    'Thought I was going to die': Kim delivers emotional testimony Kim Kardashian

    India

    'Sabarimala will become a sex-tourism spot if women are allowed' Kerala
    Reminiscing Gautam Gambhir's top moments as he turns 36 Kolkata Knight Riders (KKR)
    Bhutan discusses PLA activity near Doklam with Beijing Bhutan
    Rahul Gandhi soon to be Congress President: Bane or boon? Sonia Gandhi

    Reserve Bank Of India (RBI)

    Do you know where your old Rs. 500/1,000 notes are? India
    Photos of the new purported Rs. 50 note go viral India
    SBI tops list of wilful default, PNB next India
    Relief to SRK in Dubai villa taxation case Celebrity

    Aadhaar Card

    Now, carry your Aadhaar profile on your mobile phones India
    Getting a passport now made easier India
    Ditching Aadhaar for privacy concerns, government needs to act now India
    Aadhaar-PAN linking: Relief likely for taxpayers with genuine issues PAN Card

    Unique Identification Authority of India

    Bihar worst performer on implementation of Aadhaar linkage Bihar
    Ratan Tata, Nilekani, Vijay Kelkar to launch MicroFinance Institution Ratan Tata
    Nandan Nilekani's impetus to a dozen startups India
    India Post launches payment bank in Raipur and Ranchi Bharti Airtel
    Indian Premier League (IPL) Celebrity Hollywood Bollywood UEFA Champions League Tennis Football Smartphones Cryptocurrency Upcoming Movies Premier League Cricket News Latest automobiles Latest Cars Upcoming Cars Latest Bikes Upcoming Tablets
    About Us Privacy Policy Terms & Conditions Contact Us Ethical Conduct Grievance Redressal News News Archive Topics Archive Download DevBytes Find Cricket Statistics
    Follow us on
    Facebook Twitter Linkedin
    All rights reserved © NewsBytes 2025