Financial Inclusion in India

Home Forums India Stack – Ideas for the Future Financial Inclusion in India

This topic contains 2 replies, has 2 voices, and was last updated by  Nikhil Kumar 2 years, 10 months ago.

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  • #215

    Nikhil Kumar
    Keymaster

    Any ideas on the future of – Banking, Lending, Savings in India!

    #238

    Bharatfintech
    Participant

    Hi Nikhil,

    Can India Stack assist me in helping the underbanked and financially undeserved Micro enterprises in rural and semi urban areas ? I want to create a social responsible platform to weed out the evils of “informal lending” in our society.
    I really dont know know where to start from or who to contact.

    #1695

    Nikhil Kumar
    Keymaster

    Hi,

    You can get started with the India Stack APIs for the technology backbone of your platform. The use of Aadhaar allows you to verify an individual’s identity remotely, UPI allows you to Push/Pull payments between banking accounts, eSIGN can be used to allow users to sign documents digitally and finally you can use DigiLocker/Consent to get more information about an user to calculate his credit worthiness.

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