Account Aggregator -
An account aggregator is an RBI-regulated entity that facilitates the secure, consent-based sharing of your financial data between your financial institutions and other regulated entities. It acts as an intermediary, allowing you to share information like bank statements, loan details, and insurance policies with services like lenders or wealth managers without needing to manually provide documents or share login credentials. The process is digital, encrypted, and requires your explicit consent for each data sharing instance.
Thread is created as Source of Real Life Experience and all the relevant information ℹ️ in one single Thread.
Few links about AA ;
financialservices.gov.in
sahamati.org.in
www.gstn.org.in
proteantech.in
An account aggregator is an RBI-regulated entity that facilitates the secure, consent-based sharing of your financial data between your financial institutions and other regulated entities. It acts as an intermediary, allowing you to share information like bank statements, loan details, and insurance policies with services like lenders or wealth managers without needing to manually provide documents or share login credentials. The process is digital, encrypted, and requires your explicit consent for each data sharing instance.
Thread is created as Source of Real Life Experience and all the relevant information ℹ️ in one single Thread.
Few links about AA ;
Account Aggregator Framework | Department of Financial Services | Ministry of Finance | Government of India
Account Aggregator (AA) network was introduced as a financial data-sharing system by Reserve Bank of India (RBI) when it issued the Master Direction viz Non-Banking Financial Company (NBFC) - Account Aggregator (Reserve Bank) Directions, dated September 02,2016 (Updated as on
List of Account Aggregators in India | AA Apps in India - Sahamati
List of account aggregators in India - AAs with operating license | AAs with in-principle approval | AAs are RBI licensed NBFC-AA entities.
sahamati.org.in
GSTN - Goods and Services Tax Network
www.gstn.org.in
How Account Aggregator will Help Small Business Finance?
Account Aggregator in India is an RBI-based framework that helps in accessing and sharing data from one financial institution to another. Click here to learn more about them.
proteantech.in
