Policy Talk With Yatish Rajawat

In this episode of Policy Talks, Yatish Rajawat of Centre for Innovation in Public Policy talks to B G Mahesh, CEO and Founder of Sahamati the organization that is bringing about a quiet revolution in how credit is given through Account Aggregators (AA). Especially to small and medium organizations or the newly banked as they do not have assets or credit history. The RBI licenses AA to consolidate all banking-related data for the purpose of seeking a loan. AA was started in 2021 and is making it easier for banks and NBFCs to determine the creditworthiness of their clients. The consolidation of all financial data makes it easier for the bank to determine all the outstanding and income making it easier to determine the capacity to repay a loan. Last month the GST data was also been consolidated with AA. This additional data makes it possible to understand the possible cash flow of each customer, especially business customers, and can now be used to give loans based on cash flow. A cash flow-based judgment of credit is a better guide for lenders. AA is also a digital public infrastructure and like other DPIs, it is now at a tipping point in terms of its impact on not only just Indian credit system but also globally. As there is no other system as advanced and as data-rich as the one being created by AA in India. AA has the potential to unleash credit to the last mile and to learn more about how it will do this listen to this conversation with B G Mahesh.

Policy Talk | Growth of Payment industry is a risk : Nachiket Mor

Today in Policy Talk, K Yatish Rajawat, CEO CIPP, speaks to Nachiket Mor, an important voice on this issue. In this discussion, he weighs in as the banker who headed the committee that recommended licenses for differentiated banking and small finance banks

Policy Talk | Bihar is effective in battling second wave of Covid-19: Health Minister Mangal Pandey

Bihar’s positivity rate is 2% which is considerably lower than the national positivity rate of 9%, Bihar’s Health Minister said in an interview with Moneycontrol.com.

Exclusive | Haryana CM Manohar Lal Khattar says 75% private sector reservation only for non-technical jobs

Haryana Chief Minister Manohar Lal Khattar clarifies that the 75 percent reservation was part of the manifesto and the industry has nothing to fear. Khattar said the labour inspector will not trouble industry about these reservations and only the state labour commissioner will have the jurisdiction to investigate compliance on these reservations. Industry will have to give self declaration that they have complied with the law and the government will accept that, he says.