Friday, 24 March, 2023

Account Aggregators Led By Nandan Nilekani Makes Getting Loans Simpler

<p>Nandan Nilekani ,co-founder and non-executive chairman of Infosys Ltd, is leading&nbsp;the Account Aggregator (AA) framework in the financial sector. With an AA,&nbsp;people can securely share their financial data with authorized entities to obtain loans. AA makes it easier to discover a borrower ensuring there is adequate data to judge the credit risk of a borrower which is a key to equitable and inclusive economic growth. This framework can be applied to other sectors as well.</p>