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Airtel Payments Bank CEO steps down in wake of Aadhaar e-KYC misuse (Lead)

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New Delhi, Dec 22 (IANS) Shashi Arora, CEO and Managing Director of Airtel Payments Bank, has stepped down, the company announced on Friday – nearly a week after the Unique Identification Authority of India, (UIDAI) suspended its Aadhaar linked e-KYC services because of alleged misuse.

“Shashi Arora has been associated with Airtel in senior leadership roles since 2006. He has been an asset for Airtel and over the years has contributed to the company’s growth story,” Airtel said in a statement here on Friday, without mentioning the suspension. Airtel’s e-KYC facility was partly restored by UIDAI on Thursday.

“Having led the operations in key telecom circles followed by building a strong DTH (direct-to-home) business, he has laid the foundation for Airtel’s Payments Bank operations. Shashi has decided to move on to pursue opportunities outside of Airtel. We wish Shashi the very best for his future endeavours,” the statement added.

The company is yet to name Arora’s successor.

The UIDAI’s interim order on December 16 had come after some customers of the telecom major alleged that the company had, without their consent, opened their bank account in Airtel Payments Bank when they used the “Aadhaar linked e-KYC services”.

The Aadhaar-linked e-KYC service of UIDAI provides an instant, electronic, non-repudiable proof of identity and proof of address along with date of birth and gender, resident’s mobile number and email address to the service provider.

It was alleged that at the time of mobile verification using Aadhaar e-KYC, the Airtel retailers were also opening Airtel Payments Bank accounts without “informed consent” of the customers.

Even LPG subsidy by the government was also getting transferred to these Airtel Payments Bank accounts, without the knowledge of the customers.

Following the suspension of licence, Bharti Airtel was reported to have deposited a penalty of Rs 2.5 crore with the UIDAI for alleged violation of rules on using Aadhaar-based e-KYC services. The payments bank was also reported to have returned the subsidy amount credited to its customers’ accounts.

On Thursday, Airtel was allowed to use Aadhaar to verify its mobile phone customers till January 10. However, the company’s e-KYC key remains suspended till UIDAI gets a final report on the probe it has ordered into the misuse.

–IANS
ag/hs/rn

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Apple is giving a huge discount on its gadgets: Details inside

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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