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RBI says linking Aadhaar number to bank accounts is mandatory

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Mumbai: The Reserve Bank of India (RBI) on Saturday clarified that linking bank accounts to Aadhaar is mandatory under the Prevention of Money Laundering Act, dismissing media reports which suggested that such a linkage is not mandatory. “The Reserve Bank clarifies that, in applicable cases, linkage of Aadhaar number to bank account is mandatory under the Prevention of Money-laundering (Maintenance of Records) Second Amendment Rules, 2017 published in the Official Gazette on June 1, 2017,” it said in a statement. RBI also said that the anti-money laundering rules which were amended in June 2017 have statutory force and banks have to implement them without awaiting further instruction

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AIMIM patriarch breaks down while addressing a rally in Hyderabad: Watch video

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AIMIM chief Asaduddin Owaisi on Friday broke down while addressing a vast gathering of his supporters near Hyderabad’s Mecca Masjid on the last Friday of Ramzan.

According to news agency ANI, the AIMIM chief was talking about the recent incidents of homes and shops of Muslims being bulldozed in several states when he became emotional. During his speech, he alleged that attempts are being made to wipe out the Muslims from the country.

“People are calling and telling me about atrocities being done to them, their villages and shops are being demolished. One should not lose hope, there’s no need to worry. We’ll face it with patience but will never raze a home,” Owaisi said, according to ANI.

 

 

 

He even warned PM Narendra Modi, Home Minister Amit Shah and the BJP govt at the Centre that the Indian Muslims will never bow to such atrocities.

“Listen, Modi and Amit Shah. We will not bow before you. We are those who bow before Allah. Allah is enough for us,” Owaisi said as he recounted the recent incident of Khargone in Madhya Pradesh.

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