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RBI appoints Sahamati as self-regulatory body for Account Aggregator ecosystem

RBI appoints Sahamati as self-regulatory body for Account Aggregator ecosystem

NewsBytes 1 week ago
The Reserve Bank of India (RBI) has appointed Sahamati as the Self-Regulatory Organisation (SRO) for India's Account Aggregator (AA) ecosystem.
This designation marks a major step in establishing a formal industry-led governance mechanism for consent-based financial data sharing. As an industry alliance and coordination body, Sahamati will now act as a self-regulatory institution to set operational and technical standards, promote interoperability, and resolve disputes among participants in this framework.
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