The finance ministry has permitted 15 securities firms, including SBICAP Securities, IIFL Securities, and Angel One, to conduct Aadhaar authentication of their customers.
The Revenue Department under the finance ministry has issued a notification under the Prevention of Money-laundering Act allowing the 15 reporting entities to conduct Aadhaar-based KYC (know your customer) process.
ADVERTISEMENT
The 15 entities also include JM Financial Services, Arihant Capital Market, SMC Global Securities, Aditya Birla Money, R.K. Stock Holding, Monarch Networth Capital, RKSV Securities, Comfort Securities, and OPG Securities Pvt Ltd.
Except for the headline, this story has not been edited by The Telegraph Online staff and has been published from a syndicated feed.
