Aadhaar authentication permission extended to seven reporting entities for anti-money laundering compliance.
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....The Central Government permits seven reporting entities to perform Aadhaar authentication for the purposes of section 11A of the Prevention of Money-laundering Act, 2002, after being satisfied that they will comply with the privacy and security standards under the Aadhaar Act. The permission is issued after consultation with the Unique Identification Authority of India and the Reserve Bank of India, and applies to Toyota Financial Services India Limited, Aditya Birla Capital Limited, NABFINS Limited, Indostar Capital Finance Limited, Innofin Solutions Private Limited, LIC Housing Finance Limited and Transaction Analysts (India) Private Limited.....
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