The account aggregator system will help streamline the lending sector, allowing banks to use user data with consent to provide better services Currently, nine private banks are already live on the ...

State Bank of India Managing Director Ashwini Kumar Tewari expressed concerns over the Account Aggregator’s mechanism of obtaining a single consent from customers for all financial services products.

The way people manage their finances in India has changed as a result of account aggregation, an innovative financial service that has experienced tremendous growth in recent years. The simplest ...

Nilekani said that startups have the opportunity to create products by leveraging the account aggregator network for financial data and ONDC Building the right kind of rails at scale and making them ...

MUMBAI: SBI managing director Ashwini Kumar Tewari on Wednesday expressed concerns over Account Aggregator's mechanism of obtaining a single consent from customers for all financial services products.

India’s top banks five years ago built the interoperable UPI rails and enabled over 150 million people in the South Asian market to pay digitally. Scores of firms -- including local firms Paytm, ...

SBI MD warns customers may unknowingly authorise wide data access; urges fintech industry to build safeguards before regulators step in SBI managing director Ashwini Kumar Tewari on Wednesday raised ...

MUMBAI: SBI chairman C S Setty has called for a 'national financial grid' that connects credit bureaus, registries, eKYC facilities, UPI and the account-aggregator system, arguing that such an ...