With a solid foundation and India's trajectory toward becoming a $5 trillion economy, the financial services sector offers immense opportunities for v
RBI will regulate the Account Aggregator (AA) through an NBFC-AA license
Bonafide digital lending apps can now lend more efficiently as account aggregators give them access to bank data
An account aggregator is a system or entity that comes under the purview of the Reserve Bank of India
AA also improves the availability of financial services and competition as the customer no longer has to depend on one provider