AA framework offers UPI-style revolution in MSME financing
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 ex...
Source: indiatimes.com