An employee serves customers inside a branch of Gramin Bank of Aryavat (GBA), sponsored by Bank of India, in the village of Khurana, Uttar Pradesh (Photographer: Prashanth Vishwanathan/Bloomberg)

Aadhaar Necessary To Open, Operate Bank Accounts

Aadhaar now mandatory to open bank accounts, for financial transactions of Rs 50,000 and above.Existing bank accounts to become invalid if holders fail to submit Aadhaar ID by December 31, 2017. A...

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