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RBI to Enable Interoperability Among Account Aggregators

1 min read
All exams GA
  • Announcement: The Reserve Bank of India (RBI) announced plans to enable interoperability among Non-Banking Financial Company Account Aggregators (NBFC-AAs).
  • Purpose: Customers will be able to view information about all their financial assets through a single platform, instead of accessing multiple aggregators.
  • Implementation Deadline: The framework is expected to be implemented by 31 December 2026.
  • Importance: It can improve access to financial information and make financial services more convenient.
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