BusinessRBI to Make Financial Data Management Easier with Two New Measures
The Reserve Bank of India announced two new measures to improve access to financial information and enhance market consultation. NBFC Account Aggregators will become interoperable, allowing users to aggregate data from multiple aggregators via a single platform. Additionally, SEBI-regulated depositories will include deposit account information in Consolidated Account Statements. Both changes will be implemented by December 31, 2026.
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