Eight account aggregators await RBI licence to go live in a quarter or two - Economic Times


8/8/2022 12:00:00 AM2 years 9 months ago
by Suraksha P

Account Aggregator is a data sharing protocol between financial institutions that is envisaged as a mechanism to reduce the need for individuals to wait in long bank branch queues, use complicated internet banking portals, share their passwords, or seek out p…

Eight fintech entities that have received in-principle approval from the Reserve Bank of India (RBI) to operate as account aggregators are confident of going live in the next one or two quarters. Th… [+5121 chars]

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