According to World Bank, a staggering 92% of SMEs lack access to formal lines of credit. It estimates this credit gap at around $300 bn. The AA framework was made possible after the rollout of Aadhaar in 2009. Together with another layer of payments and personal data, this led to the 'India Stack' - a DPI pioneered by India that allows private or public entities to build innovations on top of these public digital rails. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
