IndusInd Bank becomes first bank to go live on RBI’s 'Account Aggregator Framework'

IndusInd Bank becomes first bank to go live on RBI’s ‘Account Aggregator Framework’

IndusInd Bank becomes first bank to go live on RBI’s ‘Account Aggregator Framework’

  • IndusInd Bank has become the first bank in India to go live on the new ‘Account Aggregator Framework’ of the Reserve Bank of India (RBI).
  • IndusInd Bank has announced that it has gone live as a ‘Financial Information Provider’ (FIP) under the new ‘Account Aggregator Framework’ of RBI.
  • The Account Aggregator framework of RBI will enable customers to avail benefits like viewing statements of their accounts, track deposits, plan investments and avail credit cards on a single window.

Points to Remember:

  1. First bank to go live on Account Aggregator platform of RBI?- IndusInd Bank

Source: Hindubusinesslines

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