A new Aadhaar-based framework has been introduced for cooperative banks, enabling authentication and eKYC services. This initiative, spearheaded by the Cooperation Ministry and UIDAI, allows state cooperative banks to register directly with UIDAI, while district central cooperative banks can utilize their state counterparts' infrastructure. The move aims to enhance financial inclusion in rural areas by cutting costs and improving efficiency.from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/cd0q6Xo
