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Its been 14 years since the first Aadhaar number was issued, a decade since the Unified Payments Interface (UPI) was designed.Ever since, the digital public infrastructure universe has been expanding. ....
AA framework offers UPI-style revolution in MSME financing SECTIONS Share ETtech Illustration: Rahul Awasthi Private sector lenders IndusInd Bank, HDFC Bank, ICICI Bank and Axis Bank are likely to go live with the account aggregator (AA) framework by July, the chief executive of a collective of such aggregators told ET. The AA framework is intended to improve lending to micro, small and medium enterprises (MSME), based on their business transactions. Liking this story? SUBSCRIBE We ll soon meet in your inbox. Please wait. India’s largest public sector bank, State Bank of India, is also expected to offer services on the platform around the same time, said BG Mahesh, cofounder and chief executive of DigiSahamati Foundation. ....