In view of Hon'ble Supreme Court of India's clarification, RBI has said that use of Aadhaar Card and seeding of Bank accounts with Aadhaar is purely voluntary and not mandatory.
Based on RBI Circular dt 14/01/16. Please visit www.rbi.org.in for
any further clarification if required….. Poppy
Being a faculty at a Bankers Training College, many a times I would refer the RBI master circulars for my sessions. Every time I found it a huge task. The language is complicated, Compound sentences were making it difficult to comprehend and above all the circulars are real lengthy. So I started simplifying them for my future consumption. Why not share my work with others. So my dear friends enjoy reading.
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