Nilekani calls for wider use of financial data to bring underserved borrowers into formal credit system
Mumbai, Oct. 15 -- Infosys Chairman and Co-founder Nandan Nilekani said India's Account Aggregator (AA) framework can help expand access to credit and financial services for micro-entrepreneurs, gig workers and other underserved sections by enabling them to use their financial data.
Speaking at SamvAAd 2026-India Open Finance Summit, Nilekani said empowering small businesses with capital and access to digital markets is key to driving domestic economic growth and creating jobs.
"Effectively, what we are doing is that, through the AA system, we are unlocking data for everyone. We are making sure that everybody can use it for a variety of products. Through ONDC, we're unlocking market access, so small businesses can get market access," Ni...
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