India Inc. braces for six-fold jump in costs as Aadhaar-based verification ends

Companies were using the database to accelerate the process of opening bank accounts, disbursing loans and acquiring mobile phone customers. The Supreme Court on September 26 ruled that Aadhaar, is to be only used by the state to identify beneficiaries of welfare programs and disburse subsidies.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2NpQliY