Beneficiaries' nod must for changing subsidy-receiving bank account
The Unique Identification Authority of India (UIDAI) on Tuesday issued a Gazette notification that makes nod of beneficiaries must for changing their subsidy-receiving bank account.
The UDAI notification asked the National Payments Corporation of India (NPCI) to immediately disable the override feature on the APB (Aadhaar Payment Bridge) mapper.
The notification has been issued after the complaints of certain telecom service providers and banks opening a new bank account of the Aadhaar holder and putting that bank account on NPCI's APB mapper overriding the existing bank account mapping without the consent of the Aadhaar holder.