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of <h1>RBI Expands Aadhaar Authentication Rights to Four Financial Entities Under Section 11A of Money Laundering Act</h1> The Reserve Bank of India authorized four additional financial entities to perform authentication under the Aadhaar Act for purposes of section 11A of the Money Laundering Act. The central government granted permission after consulting the Unique Identification Authority and ensuring compliance with privacy and security standards. The authorized entities include four financial services companies permitted to conduct Aadhaar-based authentication for specified legal purposes.
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