Aadhaar-Based ID Check Approved For Verifying Candidates In IBPS Exams To Curb Cheating — Details Here
Aadhaar Authentication For IBPS Exams: The Ministry of Finance has approved the use of Aadhaar authentication by the Institute of Banking Personnel Selection (IBPS) to verify candidates' identities during exams. This move aims to prevent cheating and impersonation in entrance exams. Moreover, it will help make the recruitment process in the Banking, Financial Services, and Insurance (BFSI) sector fairer and more transparent.
As per a notification published in the Gazette of India (S.O. 837, pages 1614–15/c), IBPS has been officially recognised as a Public Examination Authority under the Public Examination (Prevention of Unfair Means) Act, 2024.
The Department of Financial Services, Ministry of Finance, issued the notification under Rule 5 of the Aadhaar Authentication for Good Governance Rules, 2020. It allows IBPS to use Aadhaar-based Yes/No or e-KYC authentication for candidates on a voluntary basis.
Govt authorises use of Aadhaar authentication for candidate verification in Institute of Banking Personnel Selection - IBPS exams.
As per a @FinMinIndia notification, IBPS can now voluntarily use Aadhaar to verify candidates' identity during exams & recruitment processes. pic.twitter.com/8O9doMnWXN — All India Radio News (@airnewsalerts) June 26, 2025
This approval came after consultation with the Unique Identification Authority of India (UIDAI) and a final go-ahead from the Ministry of Electronics and Information Technology (MeitY).
Promote Good Governance
This initiative is designed to promote good governance and prevent malpractices such as impersonation during examinations. By offering a robust identity verification mechanism, the government aims to ensure a fair and transparent recruitment process, safeguarding the interests of genuine candidates who might otherwise be disadvantaged by fraudulent activities.
Beyond enhancing security, the voluntary Aadhaar authentication is expected to streamline and expedite the identity verification process, thereby reducing administrative burdens on IBPS. (With IANS Inputs)
Recently, Union Railway Minister Ashwini Vaishnaw announced that Tatkal ticket bookings, based on Aadhaar-based OTP verification, will come into effect by July 1 to eliminate middlemen.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
25 minutes ago
- Business Standard
Slice SFB aiming to close FY26 in black, not looking to raise any capital
Slice Small Finance Bank has turned profitable on a monthly basis and is aiming to close FY26 in the black, a top official has said. The entity, which came out of a surprising merger between the fintech Slice and the North East SFB a few months ago, is adequately capitalised and not looking to raise any capital, its executive director Rajan Bajaj told PTI. The current focus is to build a pan-India business using the low-cost digital channels, and the entity is not interested in any more mergers, Bajaj said, adding that it may look at transitioning to a universal bank in the next five years. Before the merger, the North East SFB had reported a loss of Rs 441 crore, and Slice was also reporting losses. "We have turned profitable post-tax on a monthly basis and will close the year in profits," Bajaj said. The bank is adequately capitalised and the buffers will also be supported by the profits, he added. As per recent media reports, the bank was aiming to raise up to USD 300 million in capital. It is adding up to 3 lakh new accounts to its base on the back of digital journeys, Bajaj said, pointing out that the savings bank interest rate offering is at par with the RBI's repo rate and the fixed deposit offerings are a notch higher, which is helping in attracting customers. The pace of account opening is the fifth or the sixth fastest in the industry and at par with much bigger rivals, he said. On the lending front, it does consumer credit including unsecured personal loans and business credit which includes loans against property, he said, stressing that the focus is on serving people who may be underserved by the banking system. Aiming for a big increase in its borrowers and loan portfolio, the bank launched a UPI-based credit card on Saturday, Bajaj said, pointing out that over 30 crore of UPI users can be the potential target audience for such an offering. The bank stands to make an interchange of up to 1 per cent depending on where the credit facility is availed, and will also make revenues from rollovers and fees, he said. Bajaj said its personal credit vertical has been able to deliver credit at a cost which is a tenth of the industry courtesy digital inputs, and added that the credit costs are also 30 per cent lower than the industry average because of the analytics engine which is used for diligence. The bank also launched a 'UPI-powered bank branch' in Bengaluru, which can be used by any bank's customers for a slew of transactions, including cash deposits into any account using cash accepting machine, and then remitting the money to any mobile number, Bajaj said.
Time of India
29 minutes ago
- Time of India
From Tatkal bookings for trains to ATM fees: Big changes coming in July 2025 - All you need to know
This is an AI-generated image, used for representational purposes only. The month of July 2025 is set to bring significant financial and service-related changes for Indian consumers, especially affecting train travellers and bank customers. These key shifts, from Aadhaar-based Tatkal ticket booking to new banking fees, could impact your daily transactions and travel plans. Here are the big changes applicable from the month of July: Aadhaar mandatory for online Tatkal bookings Starting July 1, Indian Railways will make Aadhaar authentication compulsory for booking Tatkal tickets online via the IRCTC website and mobile app. Travellers will need to link and verify their Aadhaar with their IRCTC profile to be eligible. A stricter Aadhaar-based OTP verification will come into effect from July 15 for all Tatkal tickets booked online. Additionally, authorised agents will be barred from booking Tatkal tickets during the first 30 minutes of the booking window. Even Tatkal tickets booked at PRS counters and through agents will require OTP verification from mid-July. Axis Bank revises ATM and account charges Axis Bank will implement revised charges across savings, NRI, and Trust accounts starting July 1. Customers exceeding their free transaction limits at Axis and non-Axis ATMs will now be charged Rs 23 per transaction, up from Rs 21. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Adidas Three Shorts With 60% Discount, Limited Stock Available Original Adidas Shop Now Undo This will apply to all financial transactions such as withdrawals and balance inquiries, beyond the free quota. Small Savings changes The government is set to announce the interest rates for small savings schemes, which will take effect during the quarter from July to September, reported ET. ICICI Bank to roll out new service fees ICICI Bank will also enforce a new set of service charges beginning July 1. According to ET, ATM users in metro cities will get three free transactions at non-ICICI ATMs, while non-metro customers will get five. Beyond these, Rs 23 will be charged for financial transactions and Rs 8.50 for non-financial ones. Other revisions include Rs 125 per international ATM withdrawal and updated fees for IMPS transfers. Cash transactions will be limited to three free branch/CRM uses a month, post which Rs 150 will be levied per transaction. With these sweeping changes across sectors, customers are advised to update their Aadhaar details, review their bank's updated charges, and complete necessary activations to avoid disruptions. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
an hour ago
- Time of India
Signature Global to invest Rs 2,200 cr on new housing project in Gurugram
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Realty firm Signature Global will invest around Rs 2,200 crore to develop a new housing project in Gurugram to expand business and achieve over 20 per cent growth in its pre-sales this fiscal company has recently launched a premium residential project, 'Cloverdale', comprising 770 apartments, on Southern Peripheral Road (SPR), Sector 71, Global emerged as the fifth largest listed real estate developer last fiscal in terms of sales bookings by achieving record pre-sales of Rs 10,290 Gurugram-based company has given a guidance of posting Rs 12,500 crore worth pre-sales in the current fiscal."We have launched a new housing project in Gurugram. Housing demand continues to be strong in this city, especially for reputed builders," Signature Global Chairman Pradeep Kumar Aggarwal told company is selling homes in a price range of Rs 4 crore to Rs 7 crore in this project, which is spread over 8 acres and is part of an overall 22-acre project is scheduled to be completed by month, Aggarwal said the company will invest around Rs 4,000 crore this fiscal to acquire land parcels and carry out construction activities in its housing projects at Global had invested Rs 1,070 crore last fiscal year to purchase 48 acres of land in Gurugram, Haryana."Land is an important raw material for real estate developers. We will be investing around Rs 1,200-1,500 crore on the acquisition of land parcels," he had said the investment in construction activities would be around Rs 2,500 crore in 2025-26 against Rs 1,900 crore in the preceding week, Signature Global announced plans to raise Rs 875 crore through issue of non-convertible debentures to refinance debt and expand business."We have taken the approval of board to raise funds. We will also seek shareholders approvals," Aggarwal said the company will use Rs 450 crore to refinance its existing debt while the remaining amount will be for business said the company is targeting to raise funds by end of August, subject to shareholders' Global, one of the leading real estate developers in the country, started its business to develop affordable housing projects but shifted its focusing on mid-income, premium and luxury segments because of high land cost in posted a net profit of Rs 101.2 crore last fiscal, a sharp jump from Rs 16.32 crore in the preceding total income grew to Rs 2,637.99 crore in the last fiscal from Rs 1,324.55 crore in inception, Signature Global has delivered 13.5 million square feet of housing projects and has a strong pipeline of about 21.6 million sq ft of saleable area in upcoming projects, along with 46.38 million sq ft of ongoing projects, targeted for completion within the next 2-3 years.
