RBI to bring in interoperability among Account Aggregators and set up a Technical Consultative Committee for Financial Markets

8 October 2026

The Reserve Bank of India issued its Statement on Developmental and Regulatory Policies along with the monetary policy on October 7, 2026.
Interoperability will be introduced among NBFC Account Aggregators, so that a customer can access and share financial information from different Financial Information Providers through any NBFC-AA of choice.
Depositories regulated by SEBI will also be allowed to include bank deposit account information in their Consolidated Account Statement through NBFC-AAs.
Demat account holders will thus see their demat holdings and bank deposits in one place, and customers without a demat account can still get a consolidated view through an NBFC-AA.
The target date set for this measure is December 31, 2026.
The Reserve Bank will also set up a Technical Consultative Committee for Financial Markets as a forum for structured engagement with market participants and stakeholders.
Its scope covers the money market, the government securities market and the foreign exchange market, along with their derivative markets and infrastructure.
The composition and terms of reference of the committee will be notified separately.