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CDSL gets UIDAI nod for e-KYC Aadhaar authentication

CDSL gets UIDAI nod for e-KYC Aadhaar authentication

Finance
NEW DELHI: Leading depository CDSL on Friday said it has received clearance from UIDAI to carry out e-KYC authentication using Aadhaar. The clearance has been obtained to act as a local Authentication User Agency (AUA) or e-KYC User Agency (KUA), CDSL said in a statement. Once market intermediaries register as KUA, they can open accounts using Aadhaar-based e-KYC (electronic Know Your Customer). CDSL said it will facilitate intermediaries to offer seamless online account opening using Aadhaar-based e-KYC. The depository maintains and services over 2.4 crore demat accounts of investors spread across the country. In July, CDSL Ventures, a wholly-owned subsidiary of Central Depository Services (India) Limited, had obtained UIDAI approval to carry out e-KYC authentication using Aadhaar. In Ma...