BusinessRBI Enables Use of Any Account Aggregator for Financial Data Sharing
The Reserve Bank of India (RBI) will introduce interoperability among NBFC-Account Aggregators, allowing customers to access and share their financial data through any aggregator of their choice. Depositories regulated by SEBI will include bank deposit account information in Consolidated Account Statements via NBFC-AAs. These changes, enhancing customer convenience, are expected by December 31, 2026.
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