Ban on Aadhaar linking may crimp growth of financial players
Updated : October 24, 2018 06:14 AM IST
Last month, the Supreme Court had declared the government's flagship Aadhaar scheme as constitutionally valid but struck down some of its provisions including its linking with bank accounts, mobile phones and school admissions.
The inability to use Aadhaar for authentication will impact the new-age NBFCs and fintechs disproportionately, as one of their core competencies is quick turnaround.
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