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The account aggregator (AA) facilitates sharing of financial information in a real-time and data-blind manner between regulated entities. UPI moment for lending, the AA framework ensures swift data sharing with the consent of the user and eliminates the need for physical documents. UPI moment for lending, the AA framework ensures swift data sharing with the consent of the user and eliminates the need for physical documents. The framework facilitates sharing of financial information on a real-time basis between regulated entities. AAs are licensed by the Reserve Bank of India to enable the flow of data between Financial Information Providers (FIPs) and Financial Information Users (FIUs). IPs are institutions that hold customer data and FIUs are entities that consume data to offer better service, underwrite loans, and so on. Banks and other financial institutions must become FIPs to be able to also become users of data from other financial institutions. Union Bank of India has said that it will work both as an FIU and FIP to allow its customers to share data digitally on a real-time basis. Major private sector banks like HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank are already live as FIPs and FIUs. There are 34 banks, non-banking financial companies (NBFCs) and other institutions so far live on AA, including Federal Bank, IDFC First Bank and IndusInd Bank.
Ratio of the lengths of two trains ‘X’ and ‘Y’ is 3:4 respectively and the ratio of time taken by them to cross a pole is 2:3 respectively. If s...
Train P travelling at 60 km/hr crosses another train Q, having three fourth of its length and travelling in opposite direction at 48 km/hr in 14 seconds...
A train 248 meter long running with the speed of 74 kmph crosses a bridge in 18 seconds then what is the length of bridge?
A train travelling with a speed of 90 km/h can cross a pole in 8 seconds. Find the time taken by the train to cross a 300 metres long platform if the sp...
Two trains A and B, were proceeding in the same direction on parallel tracks at 98 km/hr and 170 km/hr respectively. A man noticed that it took exactly ...
A train approaches a tunnel a PQ. Inside the tunnel a cat located at a point i.e., 7/16 of a distance PQ measured from the entrance P. When the train wh...
Train X, traveling at a speed of 36 km/hr, crosses another train Y, which is moving in the opposite direction at a speed of 72 km/hr, in 't' seconds. If...
There are two trains A and B. A start from point X at 6 AM towards point Y. Another train B starts at 7 AM from point X. If they meet at 12 PM an...
Train A running with a sped of 90 km/h crosses a vertical pole in 12 seconds. Speed of train A is 5 m/s less than speed of train B, and length of train ...
Train B which is ‘d’ meter long can cross a pole in 35 seconds. Train A can cross a platform of (d+10) meter long in (t+45) seconds. The ratio betwe...