Open Banking & Account Aggregator
Explore India's Account Aggregator framework and the broader Open Banking ecosystem. Learn about secure, consent-based data sharing, the role of NBFC-AAs, and the groundbreaking DEPA framework revolut
40 articles- Best uses of the Account Aggregator framework for your finances The Account Aggregator India framework helps you securely share your financial data to get better services. Its best use is for ge... 5 min read
- How to choose a reliable Account Aggregator for your needs Choose a reliable Account Aggregator in India by checking that it is RBI-licensed, supports your primary bank, integrates with you... 5 min read
- How to revoke consent given to an Account Aggregator To revoke consent given to an Account Aggregator in India, you must log in to the AA's app or website and navigate to the 'Consent... 5 min read
- Account Aggregator vs. Third-Party Apps: What's the risk? The Account Aggregator India framework is a secure, RBI-regulated system where you give consent without sharing passwords. In cont... 5 min read
- Is sharing financial data via Account Aggregators safe? Sharing financial data via Account Aggregator India is structurally safer than emailing statements or sharing passwords. Aggregato... 5 min read
- How much does it cost to use an Account Aggregator? For an individual user in India, using an Account Aggregator is completely free. The costs are paid by the financial institutions,... 5 min read
- 4 Steps to understand your data sharing rights Your data sharing rights under India's Account Aggregator framework let you control exactly who sees your financial data, for how... 5 min read
- Account Aggregators for young adults starting their career Account Aggregators in India let young professionals share verified bank and investment data digitally with lenders and financial... 5 min read
- What are the benefits of the AA framework for consumers? The Account Aggregator India framework gives consumers one-tap consent, fine-grained control, faster loans, and a unified view of... 5 min read
- Is data shared via AA subject to privacy laws? Yes, data shared through the Account Aggregator (AA) framework in India is subject to strong privacy laws and regulations. The ent... 5 min read
- Why is My Data Sharing Consent Not Working? Your data sharing consent may not be working due to mismatched mobile numbers, technical glitches at the bank, or an expired reque... 5 min read
- Account Aggregator vs. Data Sharing: What's the Difference? An Account Aggregator is a secure, RBI-regulated system that shares your financial data with your explicit consent. Traditional da... 5 min read
- Why is NBFC-AA Compliance Important for Financial Data? NBFC-AA compliance is crucial because it ensures your financial data is shared securely and only with your explicit consent. This... 5 min read
- How Much Data Can NBFC-AAs Access Under New Rules? An Account Aggregator in India can access a wide range of your financial data, but only with your explicit consent for a specific... 5 min read
- 5 Things to Check Before Becoming an NBFC-AA Before becoming an NBFC-Account Aggregator in India, you must verify five key areas. This includes meeting the 2 crore rupee capit... 5 min read
- Checklist for NBFCs Applying for AA License To apply for an Account Aggregator India license, an NBFC must meet key RBI requirements. This includes having a minimum Net Owned... 5 min read
- Is NBFC-AA Registration Mandatory for Data Sharing? No, NBFC-AA registration is not mandatory for all types of financial data sharing in India. It is only required for entities that... 5 min read
- How many NBFC-AA licenses have been issued? The RBI has issued seven operational licenses for Account Aggregators in India, with several other entities holding in-principle a... 5 min read
- NBFC-AA vs. DEPA — Understanding consent models NBFC-AA is a company licensed by the RBI to help you share your financial data with your consent. DEPA is the technical framework... 5 min read
- How to fix NBFC-AA data accuracy issues Most NBFC-AA data errors come from missing KYC, PAN mismatches, or stale consents at the source bank, not from the Account Aggrega... 5 min read
- 7 Things to Know About the DEPA Consent Mechanism DEPA powers the Account Aggregator India framework with structured, time-bound, and revocable consent. Knowing these seven points... 5 min read
- AA Ecosystem for Seniors: Simplifying Financial Access The Account Aggregator India system is a secure, RBI-approved framework that lets you see all your financial information in one pl... 5 min read
- 4 Things to Check Before Giving Consent for Data Before giving data consent through an Account Aggregator in India, you should check four things. Always verify who is asking for y... 5 min read
- DEPA vs. Open Banking API: Which is Better? DEPA is India's specific framework for data sharing, built on user consent and managed by Account Aggregators. Open Banking is a b... 5 min read
- Why is Data Sharing Risky Without Consent? Data sharing without consent is risky because it exposes you to identity theft, fraud, and data breaches. The Account Aggregator I... 5 min read
- 5 Things to Check Before Sharing Financial Data Before sharing data through an Account Aggregator in India, you must check five key things. Verify the aggregator's RBI license, u... 5 min read
- Why is Data Accuracy Important? Inaccurate financial data can lead to loan rejections and poor financial decisions. The Account Aggregator India framework solves... 5 min read
- Is DEPA a government initiative? DEPA is a government-backed framework run through RBI-licensed private Account Aggregators. The state writes the rules, but privat... 5 min read
- Account Aggregation for Freelancers The Account Aggregator India framework is an RBI-regulated system that lets you securely link and share your financial data from m... 5 min read
- Account Aggregator vs. API Banking Account Aggregator India is an RBI-regulated, consent-driven framework for sharing financial data across institutions, while API B... 5 min read
- How many consent requests can I get? There is no official limit on the number of consent requests you can get through the Account Aggregator India framework. The syste... 5 min read
- 6 Features of a Good Data Aggregator Account Aggregator India is the consented data layer for finance, but the pipe is only as safe as the aggregator. This 6-point lis... 5 min read
- What is the Account Aggregator ecosystem? Explained The Account Aggregator India framework is an RBI-regulated system that lets you securely share your financial data with your expli... 5 min read
- Account Aggregator vs DEPA: Understanding the frameworks An Account Aggregator is a user-facing application, licensed by the RBI, that lets you share your financial data with your explici... 5 min read
- How to choose a trusted Account Aggregator: A guide Choosing a trusted Account Aggregator means checking licence, transparency, control, security, and coverage. A 10-step checklist h... 5 min read
- Is DEPA the future of financial data portability? DEPA, powered by the Account Aggregator India framework, is designed to be the future of financial data portability. It allows you... 5 min read
- How to set up your financial data consent preferences To set up your financial data consent preferences, you must first download an app from an RBI-licensed Account Aggregator in India... 5 min read
- Is the DEPA framework ready for public use? The DEPA framework, which powers the Account Aggregator India system, is technologically ready and secure for public use thanks to... 5 min read
- 3 Things to Check Before Authorizing Data Access The Account Aggregator India system is a secure, RBI-regulated framework for sharing financial data. Before authorizing access, yo... 5 min read
- How many NBFCs are registered as AAs? The Reserve Bank of India (RBI) has granted operating licenses to a select group of companies to act as Account Aggregators. As of... 5 min read