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Many financial experts pointed out that physical verification slows down the customer onboarding process.
With the highest weightage on the PSU Bank index, SBI's modest uptick was notable.
By simply dialling *99# from a mobile phone linked to a bank account, users across India can access UPI services offline.
A fee of ₹1000 is now applicable for the Aadhaar-PAN linking process on the e-filing website.
RBI has imposed stringent restrictions on Paytm Payments Bank Ltd., highlighting serious compliance issues.