India’s banking access rises but MSMEs remain underserved: How Account Aggregator can change that

Despite increased access to banking services in India, MSMEs remain underserved, facing challenges in obtaining credit and financial support. The Account Aggregator (AA) framework is seen as a potential solution to bridge this gap by facilitating better access to financial data and enabling more informed lending decisions. The framework could empower MSMEs by providing them with the necessary financial resources to grow and contribute to the economy.