Sunday, September 29, 2013

4679 - MP Rajeev Chandrasekhar asks PM, FM to rethink over Aadhaar-linked ATMs - Money Life

MONEYLIFE DIGITAL TEAM | 24/09/2013 03:37 PM |  

According to the independent MP, brute force methods involving significant additional spending and increase in costs to consumers would not help financial inclusion and the government must relook at the RBI proposal on Aadhaar authenticated biometric ATMs

Rajeev Chandrasekhar, an independent member of the Rajya Sabha, who is also a member of the Standing Committee on Finance, has requested Prime Minister Manmohan Singh to relook at the Reserve Bank of India (RBI)'s proposal on Aadhaar authenticated biometric automated teller machines (ATMs).