The unique identification authority on Thursday said the I-cards issued by it-- known as Aadhaar-- are a valid residence proof for opening a bank account.
Commenting on media reports that Aadhaar is not a valid residence proof, Unique Identification Development Authority of India (UIDAI) ChairmanNandan Nilekani said, "That is not true. That is some report which is misleading. Aadhaar is a valid 'Know Your Customer' (KYC) document for opening a bank account."
"Aadhaar letter...