MONEYLIFE DIGITAL TEAM | 30/09/2013 10:49 AM
Several NGOs, activists and citizens were startled at the complete lack of clarity on the huge costs involved in complying with RBI's latest diktat on e-KYC. Also, lack of clarity on the issue of whether each biometric based transaction will involve a transaction cost to UIDAI - who pays this cost? Will it be distributed among all? These NGOs, activists and citizens have submitted a memorandum to RBI governor Dr Raghuram Rajan