RBI Names Sahamati Foundation as Account Aggregator Referee

Big news! The Reserve Bank of India just made Sahamati Foundation the official referee for the Account Aggregator game. With over 1,120 financial players and 450 million consent requests, Sahamati is like a safety net for your money, making sure everything is smooth and secure. It's all about teamwork in the finance world!

Quick rundown

1.RBI recognizes Sahamati as SRO for Account Aggregators.

2.The AA ecosystem supports over 290 million monthly data shares.

3.Sahamati facilitates secure data exchange with consent.

4.The SRO introduces institutional trust in financial ecosystems.

5.India's open finance journey aims for global relevance.

RBI Shuts Door on New Money Changers, Time to Exit!
RBI Shuts Door on New Money Changers, Time to Exit!
The RBI just pulled a fast one! No new money changers can sign up, and existing franchises have two years to say goodbye. They’re rolling out new rules to keep everyone in check and create clear categories for forex dealings. If you want to stay in the game, make sure your finances are in order and your paperwork is spotless!
05:10 pm on Wednesday, 6 May, 2026
RBI Cancels CoRs for 7 NBFCs, Smooth Moves in the Game
RBI Cancels CoRs for 7 NBFCs, Smooth Moves in the Game
Yo, listen up! Seven NBFCs just threw in the towel and surrendered their CoRs to the RBI, making some smooth moves outta the game. Guru Kripa, Gajraj, Ashok, and Purvanchal are done, while RR Holdings and Anjali Capfin slid into the unregistered lane. HDFC Holdings? They disappeared due to some legal mix-up. RBI also canceled 150 more CoRs but brought back Krishna Capfin, fo' shizzle!
03:55 pm on Thursday, 14 May, 2026

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