<h1>India Validates Aadhaar for KYC, Eases Account Opening to Boost Financial Inclusion with UIDAI and Banks' Collaboration.</h1> The Government of India has recognized the Aadhaar number as a valid document for Know Your Customer (KYC) norms, allowing individuals to use it to open small bank accounts. This initiative aims to enhance financial inclusion by simplifying identity verification for the economically disadvantaged. The Unique Identification Authority of India (UIDAI) is collaborating with banks to facilitate account openings during Aadhaar enrollment. Twenty-two public sector banks have signed agreements with UIDAI to serve as registrars for the Aadhaar project, executing Memorandums of Understanding to streamline the process. This information was disclosed by the Minister of State for Finance in response to a parliamentary query.