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Yes Bank Ordered to Pay ₹50,000 Compensation for Aadhaar-Based Delay in Opening Account - PUNE PULSE
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Bombay High Court Fines Yes Bank ₹50,000 for Illegally Insisting on Aadhaar, Delaying Account Opening - The Logical Indian
The Bombay High Court has ordered Yes Bank to pay ₹50,000 in compensation to Microfibres Pvt Ltd after the bank unlawfully delayed opening the company’s account by insisting on an Aadhaar card, despite the Supreme Court’s 2018 ruling that Aadhaar is not mandatory for bank accounts. The delay prevented the company from renting out its Mumbai property for several months, resulting in significant financial loss. The court’s decision sends a strong …
Today, July 2: India-ona napsrukbana miksongani kakketgijagipa Aadhaar-ko jakkalenganiko rim·na salsani Aadhar Certification training program-ko South West Garo Hills ajani Ampati-o donggipa DRDA Conference Hall-o ong·atangaha. This training program is for District Administration, kakketgijagipa Aadhaar jakkalenganiko rim·na man·a gita skie on·anirangko nangchongmotenga ine nike BSF Authority-rangni ia program-ko ong·atchina mol·molahani gimin B…
Yes Bank Ordered to Pay ₹50,000 Compensation for Aadhaar-Based Delay in Opening Account - PUNE PULSE
Bombay High Court rules in favour of Microfibers Pvt Ltd, says bank’s insistence on Aadhaar was unjustified The Bombay High Court has directed Yes Bank to pay a compensation of ₹50,000 to Microfibers Private Limited, a Mumbai-based company, for unreasonably delaying the opening of a bank account in 2018 due to its incorrect insistence on an Aadhaar card. The division bench of Justices
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