The non-banking financial companies will be allowed to use the Aadhaar based identification for an institutional loan going forward. It will avoid the process of repetition for the customers as announced by the Finance Minister of India Nirmala Sitharaman. The announcement related to the use of Aadhaar-based KYC by the non-banking financial companies is a … Continue reading "NBFCs Will be Allowed to Use Aadhaar-based KYC to Offer Loans"

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