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Cyber fraudsters posing as ED and CBI officials duped a retired banker in south Delhi's Gulmohar Park area of Rs 23 crore by allegedly putting him under "digital arrest" for nearly a month, police said on Monday. The accused allegedly told the victim that his Aadhaar card was involved in narcotics trafficking, terror funding and Pulwama terror attack and confined him to his flat under the pretext of investigation, an officer said. "The scammers directed him not to step out of his house and coerced him into transferring his savings to various bank accounts over a span of one month," the officer said. According to the police, the 78-year-old victim stated in his complaint that the ordeal began on August 4 when he received a call from a man claiming to be a Mumbai Police officer. The caller accused him of being linked to a drug trafficking racket. Subsequently, fraudsters impersonating ED and CBI officials also contacted him. "Out of fear, the victim complied with their instructions
Cooperative banks will now be able to offer Aadhaar-enabled payment services under a revised framework unveiled by the Unique Identification Authority of India (UIDAI) that aims to expand digital financial services to rural and semi-urban areas. Addressing a workshop on the new framework in New Delhi on Friday, Cooperation Ministry Secretary Ashish Kumar Bhutani said the initiative will empower cooperative banks to become more capable and self-reliant financial institutions. "This will significantly expand the reach of financial inclusion to rural and semi-urban India, in line with the government's vision of inclusive growth through cooperation," Bhutani said, according to an official statement. The new framework addresses long-standing challenges that kept cooperative banks outside the Aadhaar authentication ecosystem due to compliance and cost issues. UIDAI developed the simplified system in consultation with the Ministry of Cooperation, NABARD, NPCI, and cooperative banks. Under