Former RBI Deputy Governor R Gandhi appointed chairman of Sahamati

New Delhi: Former RBI Deputy Governor Rama Subramaniam Gandhi has been appointed non-executive chairman of Sahamati, the industry alliance driving the growth and adoption of Account Aggregator (AA) ecosystem.

Sahamati has also expanded its board with the appointment of Nandkumar Saravade, Monika Halan, and Suraj Moraje as independent directors, alongside nominated representatives from key ecosystem institutions including State Bank of India, ICICI Bank, South Indian Bank, Bajaj Finserv, Zerodha, and Finvu.

These appointments come at a pivotal moment for India's Account Aggregator ecosystem, as adoption accelerates across banking, lending, insurance, wealth management, and other sectors, Sahamati said in a statement.


The expanded board reflects the growing importance of consent based financial data sharing as a foundational layer of India's digital public infrastructure and signals the ecosystem's shift toward greater institutionalisation, governance, and scale, it said.

Their appointment is expected to further strengthen Sahamati's role in enabling trusted, interoperable, and scalable adoption of the AA framework across the financial ecosystem, it said.