{"id":28797,"date":"2018-10-24T14:53:36","date_gmt":"2018-10-24T09:23:36","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28797"},"modified":"2018-10-24T14:53:36","modified_gmt":"2018-10-24T09:23:36","slug":"high-uidai-charges-leave-banks-stressed","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/high-uidai-charges-leave-banks-stressed\/","title":{"rendered":"High UIDAI charges leave banks stressed"},"content":{"rendered":"<p><a href=\"http:\/\/www.thehindu.com\/todays-paper\/banks-baulk-at-high-cost-of-aadhaar-verification\/article24176850.ece\">High UIDAI charges leave banks stressed<\/a><\/p>\n<p><strong>News:<\/strong><\/p>\n<ol>\n<li>Bank has raised the concern over the high license fee by the Unique Identification Authority of India (UIDAI) for Aadhaar authentication services center.<\/li>\n<\/ol>\n<p><strong>Important News:<\/strong><\/p>\n<ol start=\"2\">\n<li>The Bank pointed out that high charges for enabling Aadhaar customer service is affecting smaller banks and small finance banks.<\/li>\n<li>Banks have to pay a fee of 20 lakh with validity of two years for production environment facility for authentication of Aadhaar.<\/li>\n<li>In addition for availing pre- production environment facility fee of 5 lacks charged for 3 months.<\/li>\n<li>The Maharashtra Urban Co-operative Banks Federation said it has received multiple complaints from banks over the high charges incurred to them by UIDAI.<\/li>\n<\/ol>\n<p><strong>Note:<\/strong>\u00a0The\u00a0Maharashtra Urban Co-operative Banks Federation represents about 500 of the 517 co-operative banks in Maharashtra.<\/p>\n<ol start=\"6\">\n<li>Most of the non-scheduled urban cooperative bank (UCBs) are unit banks or have less than five branches.<\/li>\n<li>Currently, UCBs has a customer base of five crore and about 1562 urban cooperative banks (UCBs) in India.<\/li>\n<li>UCBs are meeting the credit needs of poor and marginal sections of the society at the rural level and playing a unique and efficient role in financial inclusion and inclusive growth of the country.<\/li>\n<li>The banks authority stated that they have no option but to shift the burden to customers.<\/li>\n<li>UIDAI has defended the bank concern and said that the licence fee levied are very nominal.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>High UIDAI charges leave banks stressed News: Bank has raised the concern over the high license fee by the Unique Identification Authority of India (UIDAI) for Aadhaar authentication services center. Important News: The Bank pointed out that high charges for enabling Aadhaar customer service is affecting smaller banks and small finance banks. Banks have to&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/high-uidai-charges-leave-banks-stressed\/\">Continue reading <span class=\"screen-reader-text\">High UIDAI charges leave banks stressed<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-28797","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704732978},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=28797"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28797\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=28797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=28797"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=28797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}