Credit bureaus seek RBI nod for Aadhaar use; banks differ

Credit bureaus in India have sought permission to use Aadhaar number for client mapping, aiming to enhance the accuracy and efficiency of credit reporting systems. A detailed presentation in this regard has been made to the Reserve Bank of India (RBI), seeking to leverage the unique identification capabilities of Aadhaar to enable smooth working of the credit market and eliminate cases of identity frauds.