Mumbai: The report of the Reserve Bank of India (RBI), there is no notification regarding the linking of bank accounts with Aadhar card, but the central bank has cleared the air on Saturday, which states that the money is profitable. Under the Prevention (Maintenance Records) Second Amendment Rule, 2017
Earlier on Friday it was reported that in response to an RTI query filed by Money Life, the Supreme Bank had said that it has not issued any instructions regarding the mandatory requirement of Aadhaar number with bank accounts so far.
Referring to the media reports highlighting the Central Bank of the RTI, the RBI said in a press release that “In applicable cases, it is mandatory to add the Aadhaar number to the bank account. (Maintenance of Records) Second Amendment Rule, 2017 was published in the Official Gazette on 1 June 2017. “
It has been said that these rules have “legal force” and banks will have to implement them without waiting for further instructions. In the notification of June 1, 2017, the Government made it mandatory to connect bank accounts with the base accounts till December 31, which would be declared to fail those accounts.
In its RTI query,The Money Life asked for a copy of the file with file notices to link the Aadhar number with bank accounts. This question was explicitly asked whether the Apex Bank has obtained permission from the Supreme Court to add mandatory bank accounts with the Aadhaar. RBI has replied that he has not filed any petition before the Supreme Court.