RBI changes how you can share your financial data

What happened: The RBI will allow interoperability among Account Aggregators, letting different AA platforms work with each other for sharing financial data. Governor Sanjay Malhotra announced the move during the monetary policy decisions. Why it matters: The RBI says interoperability reduces fragmentation across Account Aggregators, so customers face fewer platform hurdles when applying for loans or using financial services. Customer consent remains central, and interoperability alone does not give platforms access to data.

RBI changes how you can share your financial data

RBI changes how you can share your financial data — impact context not separately stored; see What changed.