India\u2019s Account Aggregator (AA) framework<\/b> is one of RBI\u2019s most important digital public infrastructure projects \u2014 designed to give users full control over their financial data. Instead of sharing PDFs or passwords, you can now authorize data sharing securely through regulated entities called AAs.<\/p>\n
As explained in rbi account aggregator framework<\/a>, the AA system connects three parties \u2014 Financial Information Providers (FIPs)<\/b> like banks, Financial Information Users (FIUs)<\/b> like lenders or insurers, and you, the customer. When you grant consent, your financial data moves digitally from the provider to the user \u2014 encrypted, verified, and time-bound.<\/p>\n For example, if you apply for a loan on a fintech app, it can request access to your savings account statement through your AA. Once you approve the consent request, the app receives the data \u2014 but not your login credentials. It\u2019s secure, auditable, and completely under your control.<\/p>\n <\/p>\n Insight:<\/b> With the AA system, your financial data doesn\u2019t travel freely \u2014 it moves only with your digital consent.<\/p>\n <\/i><\/p>\n The AA ecosystem currently supports multiple types of financial data from regulated institutions. These categories are standardized by RBI and Sahamati \u2014 the industry alliance governing interoperability among AAs.<\/p>\n According to financial data sharing consent<\/a>, you can securely share the following data types through your chosen Account Aggregator:<\/p>\n This list will expand as new financial sectors join the AA network \u2014 including tax, telecom, and health insurance data under controlled consent frameworks. The ecosystem is being built for Open Finance<\/b>, where every regulated institution can share verified user data safely and digitally.<\/p>\n <\/p>\n Tip:<\/b> You decide who sees your data, how long they see it, and for what purpose \u2014 all in one consent screen.<\/p>\n <\/i><\/p>\n Even though AA makes data sharing easier, it doesn\u2019t mean \u201cshare everything.\u201d RBI\u2019s framework draws strict lines on what can\u2019t be transmitted through AAs \u2014 especially personal or unverified data sources.<\/p>\nTypes of Data You Can Share via AA<\/b><\/h2>\n
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What You Cannot Share Under AA<\/b><\/h2>\n