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Retail stores in Jammu and Kashmir witnessed a growth of over 134 per cent in value and 89 per cent in the volume of Aadhar-enabled payment transactions in FY24.
The fan owns a BMW 740i Series car.
23% relied on informal loans or borrowing for hospital expenses, while 6% resorted to selling assets to pay off their medical bills.
Protean eGov Managing Director and CEO Suresh Sethi said there are several people who are not digitally enabled to even get into the account aggregator framework and get credit against their data, or consent for it to be used.
RBI's move will not only boost credit penetration but also encourage collaboration between fintech and regulated entities for the benefit of the economy.