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e-KYC processNews

Aadhaar enabled e-KYC could save Rs 10,000 crore for banks, telecom operators: Report

As per a recent study conducted by MicroSave, a leading development consulting firm, if banks and telecom operators in India start using Aadhaar enabled e-KYC process for customer acquisition (opening bank accounts and registering new customers), they can save an estimated Rs 10,000 Crores over the next five years.

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