[Top officials in the IT ministry said that around 35% of existing
bank accounts do not have linkages to Aadhaar, which could be an
obstacle in aligning them to online transactions and digital payments
applications. "If net banking is not allowed, some of the applications
may not be able to make digital transactions," an official said.]

http://timesofindia.indiatimes.com/business/india-business/govt-to-banks-get-all-accounts-on-net-banking-by-march-31/articleshow/57401416.cms

Pankaj Doval | TNN | Updated: Mar 1, 2017, 06.01 PM IST

NEW DELHI: The government has instructed banks to enable internet
banking across all accounts by March 31 and mandatorily link them to
the Aadhaar number to facilitate digital payments and online
transactions. The measure has been approved at the "highest levels" in
the government, and is aimed at facilitating digital payments across
the banking system.
"This measure will further enable the rapidly-evolving digital
payments setup in the country and will help add in a new set of
consumers to the world of online transactions," IT minister Ravi
Shankar Prasad told TOI here. The ministry has been coordinating
efforts to digitise transactions and is a nodal point for several
initiatives in this direction, including ensuring digital safety and
putting in place cyber security measures.

Prasad chaired a review meeting on the growth and proliferation of
digital payments, and also the various issues associated with the
measure. "These were focused around looking at regulatory and monetary
framework related to digital transactions."
"Banks have been requested to get Aadhaar on board by March 31. This
would mean that the bank account is ceded to Aadhaar that will enable
easier digital transactions," Prasad said.

Top Comment

do it in hurry so hacker can hack them .. and no responsibility of
banks. . frecking crazy government. .
Chalu Pande

***Top officials in the IT ministry said that around 35% of existing
bank accounts do not have linkages to Aadhaar, which could be an
obstacle in aligning them to online transactions and digital payments
applications. "If net banking is not allowed, some of the applications
may not be able to make digital transactions," an official said.***
[Emphasis added.]

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