Benefits of Account Aggregator Network – UPSC GS3
Context: Complementing the PMJDY, India unveiled the account aggregator (AA) network to overcome the challenges of access to micro-credit for individuals and micro, small and medium enterprises (MSMEs) The AA network along with Pradhan Mantri Jan Dhan Yojna (PMJDY) would help India formalize credit and boost economic growth in the post-covid era. Read about Account Aggregator from Prelims Notes. …
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