RBI to make account aggregators interoperable in new move
In short
The RBI plans to make account aggregators work together more easily. The headline says this will also connect demat and deposit data.
This could make it simpler for customers to use financial services across providers. The source does not say when the change starts or which firms will be affected first.
What the reporting says
The RBI said it will make account aggregators interoperable, according to a publisher-supplied summary. The snippet says this can let customers access the ecosystem seamlessly regardless of the account aggregator they use, and the headline adds integration of demat and deposit data. The available reporting does not state a rollout date or implementation details.
Why it matters
The RBI is reported to be making account aggregators interoperable, with the headline also mentioning demat and deposit data integration. That could improve access and data sharing for customers across different providers. The snippet does not explain the technical standards, timing or any compliance requirements, so the exact impact on financial firms is still unclear.