RBI approves 4 entities for Aadhaar authentication in money laundering prevention.

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....The Reserve Bank of India has permitted four additional entities - Annapurna Finance Private Limited, Incred Financial Services Limited, PayU Finance India Private Limited, and Razorpay Technologies Private Limited - to perform authentication under the Aadhaar Act for the purposes of section 11A of the Prevention of Money Laundering Act, 2002. The Central Government, after consultation with the Unique Identification Authority of India and the Reserve Bank of India, has authorized these reporting entities to utilize Aadhaar authentication, having been satisfied with their compliance with privacy and security standards under the Aadhaar Act.....