RBI Grants SRO Status to Sahamati to Strengthen Financial Data Ecosystem
The Reserve Bank of India (RBI) has officially recognized Sahamati as the Self-Regulatory Organization (SRO) for the Account Aggregator (AA) ecosystem, a move announced this week in Mumbai to bolster governance and operational standards in consent-based financial data sharing. This designation marks a pivotal step in the central bank’s efforts to institutionalize the AA framework,…