Niti Aayog Proposal on Full-stack Digital Banking Framework

  • Gurjodhpal Singh, CEO at Tide

  • 25.11.2021 09:45 am
  • #fintech #digitalbanking

We welcome this proposal by Niti Aayog as the need of the hour. It's not geographical presence, but an agile technical stack and robust security technology that will help redefine banking for the underserved segment, and this idea if brought into action will enable us (fintechs) to take financial services to a larger set of population in a secure and compliant manner. India indeed has a huge scope, potential and appetite for open banking, developing open API platforms will help banking services and benefits reach a larger section of people.

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