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Last December, UIDAI suspended the e-KYC licenses of Bharti Airtel and Airtel Payments Bank following accusations that the Aadhaar The eKYC-based SIM verification process was used to open the bank accounts of its subscribers without their consent. Airtel Payments Bank announced on Thursday that the Reserve Bank of India (RBI) had given it the necessary approvals as well as to resume customer verification using the Aadhaar-based e-KYC system. "Airtel Payments Bank has received the necessary RBI approvals to begin shipping new customers and Airtel Payments Bank has also been authorized by UIDAI to resume integration of customers using e-KYC based on Aadhaar." We thank the authorities for approvals. We remain committed to
the government's vision of financial and banking inclusion for all, "said Bharti Airtel's subsidiary in a statement
UIDAI suspended last December e-KYC licenses from Bharti Airtel and Airtel Payments Bank charged that the verification process of the Aadhaar eKYC SIM card was used to open the bank accounts of its subscribers' payments without their consent, following which UIDAI asked RBI and the Telecommunications Department ( DoT) to perform an audit of Bharti's systems, processes, applications, documentation, etc. to ensure that it complies with the license conditions.The PwC auditor as a service provider UIDAI Compliance and Governance Performance (GRCP-SP) was also retained for audit.
Meanwhile, Bharati has received conditional approval from UIDAI to perform the v CHECKING e-KYC based on Aadhaar. However, the payment bank's license key remained disabled until the arrival of the audit results. Sources said the Bharti license was reactivated only after the payment bank repaid all the DBT grant raising to about Rs 191 crore with interest of 7.25% per annum on the original bank accounts related customers and also filed a provisional penalty of Rs 2.54 crore with UIDAI.
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