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AA CONSENT
RBI approves Sahamati as SRO for Account Aggregator ecosystemThe Reserve Bank of India has recognized Sahamati as the Self-Regulatory Organisation for the Account Aggregator ecosystem. This move forma...- IBBI issues new guidelines to speed up appointment of insolvency professionalsThe Insolvency and Bankruptcy Board of India has released new rules for insolvency professionals. These guidelines aim to speed up appointm...
- Why India cannot build a world-class fintech champ yetIndia boasts world-class digital finance but lacks global consumer fintechs. Regulatory hurdles prevent innovation, unlike in markets with ...
- Former RBI Deputy Governor R Gandhi appointed chairman of SahamatiRama Subramaniam Gandhi is the new non-executive chairman of Sahamati. This industry alliance promotes the Account Aggregator ecosystem. Th...
- More data doesn’t mean better credit: Account aggregators prove whyIn this new era, competitive advantage will belong to those with the most disciplined analytical frameworks.
- TCS Nashik case escalates; Zepto’s road to IPOHappy Tuesday! TCS COO Aarthi Subramanian will head the investigation into a sexual harassment case at its Nashik unit. This and more in to...
- Banks, asset management firms, stock brokers set to be shareholders in SahamatiBanks, NBFCs, brokers and fintechs are investing in Sahamati, with major lenders and platforms taking nearly 2–8.5% stakes. The move aligns...
- Account aggregator ecosystem facilitates loans worth Rs 1.6 lakh crore in FY25Per a report by Sahamati—a bunch of entities within the AA ecosystem—titled ‘Credit Reimagined: Account Aggregator (AA) Impact H2 FY25,’ NB...
- ₹74,500 crore disbursed via Account Aggregator in H1 FY25: Sahamati reportDigital lenders, NBFCs, and banks disbursed Rs 74,500 crore through the Account Aggregator framework in the first half of this fiscal year....
- Lending firms utilise Account Aggregator framework for Rs 42,300 crores in loans: SahamatiSahamati is a market-led industry alliance for the AA ecosystem. The report on ‘Lending facilitated by Account Aggregators’ is the first of...
- Frictionless credit, next big betAccording to World Bank, a staggering 92% of SMEs lack access to formal lines of credit. It estimates this credit gap at around $300 bn. Th...
- Total number of consents processed by NBFC-AA crosses 100 million: SahamatiAccording to CEO BG Mahesh, use cases are rising with financial information users using AA for streamlined tasks like customer onboarding t...
- NBFC account aggregators hit by cyber frauds, home ministry steps in with technical helpThe account aggregator (AA) ecosystem is facing the threat of cybercriminals, with fraudsters gaming their systems to access customer data ...
- Sahamati working on framework for fair use of AA consentSahamati recently hosted an Open House discussion on the fair use of AA consent, where it explored guidelines for the AA ecosystem.
- How Account Aggregator is bringing customer consent back into lending pictureAccount Aggregators work by facilitating the data transfer in a secure manner while retaining record of the consent.
- PhonePe launches Account Aggregator servicesPhonePe’s AA service, launched as a mini-app on the main PhonePe Payments App, will allow Indian consumers to consent to and share all thei...
- Sebi joins RBI’s account aggregator framework to boost financial-data sharing systemThe framework will allow customers to share information about their mutual fund and stock holdings with financial service providers.
- Sebi joins RBI's account aggregator ecosystemAccount aggregator or AA is an RBI-regulated non-banking finance company (NBFC) that facilitates the collection of the financial informatio...
- NBFC account aggregator Finvu AA raises $2.5 million from Varanium Nexgen Fund, othersFinvu AA is the first Indian NBFC account aggregator to receive an operating license from the RBI.
- Account Aggregators can change the lending landscape, but there is a hitchAAs have the potential to revolutionize the digital lending segment and enable the integration of more people and businesses into the forma...
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