
Open Finance’s Blind Spot: Why India Must Address Data Privacy in SME Lending Before It’s Too Late
When India launched the Account Aggregator (AA) framework as the third pillar of its digital public infrastructure following the success of Aadhaar and UPI it was hailed, rightly, as a financial game-changer. For the country’s 70 million small and medium enterprises (SMEs), the promise was clear: ditch paperwork, skip branch queues and access credit faster…