Sahamati Membership Open Now!
Sahamati membership enables you to:
- Secure access to shared services critical to smooth AA operations
- Quickly align with compliance-enhancing practices
- Gain access to industry dashboards, MIS, and exclusive support
- Play a role in shaping the AA ecosystem
Sahamati Annual Report – October 2024
We are pleased to announce the release of our latest annual report.
The report “Data Capital: Unlocking Formal Finance for a Billion Indians” marks three years since the public launch of the Account Aggregator ecosystem, a pioneering cross-sectoral data-sharing initiative in India. This report celebrates the grit and determination of the ecosystem to realize data empowerment for customers in India.
Open Finance: From inclusion to empowerment of MSMEs
The Open Finance: From inclusion to empowerment of MSMEs report is out!
This joint effort from Sahamati and McKinsey & Company highlights the transformative potential of the AA ecosystem in addressing the persistent credit challenges MSMEs face. The report identifies over 15 potential use cases to enhance the efficiency and innovation of the financial services industry catering to MSMEs in India.
Global Open Finance Adoption Report 2024-2030
Be the first to access the Global Open Finance Adoption Report!
This comprehensive report, a collaboration between Sahamati and Open Finance Connect, explores pivotal trends, challenges, and opportunities shaping Open Finance across 48 countries. charts the path to one billion Open Finance users by 2030. It is an essential resource for policymakers, financial institutions, and entrepreneurs, offering insights to accelerate financial inclusion and innovation.
Real Stories, Real Impact – How AA is Transforming Financial Access!
At SamvAAd 2024, the Customer Showreel “Unlocking Finance: Data Empowerment through Consent” was released, bringing to life the real impact of the Account Aggregator (AA) ecosystem.
Through powerful customer testimonials, this video showcases how AA is revolutionizing financial access-making it seamless, secure, and consent-driven.
Newsletter
Pragati the Sahamati Newsletter March 2025
This new financial year begins with the launch of the Sahamati Membership Program for FY26 .
Newsletter
The Sahamati Newsletter February 2025
The financial services landscape is witnessing a profound transformation, driven by timely, secure, and consent-based data sharing through the Account Aggregator (AA) ecosystem.
Empaneling ODR Institutions
We are inviting applications for empaneling ODR Institutions for resolving Inter-Member Disputes
Event
December's Pragati Session on Fair Use in the Account Aggregator Ecosystem
The session provided valuable insights into the frameworks and processes that enable the ethical and efficient use of data within the AA ecosystem.
19 Dec 2024
Press Release
India’s Account Aggregator Framework Crosses 100 million Consents in Three Years
The 1059% growth in FY 2023-24 makes it the fastest growing Open Finance Network in the World.
Accounts Linked
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Consent Requests
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Participants
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An Ecosystem that lets You be in Control of Your Data, Always
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Debate, discuss and decide key policies and practices to better the framework.
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AA Ecosystem Participants
Each participant of the account aggregator network enables easy and secure exchange of data for the customer’s benefit.
Financial Information
Provider (FIP)
Institutions that are the ‘source’ of personal or business data which FIUs can access via requests through an AA.
Account
Aggregator (AA)
NBFCs that deliver data from Financial Information Providers (FIP) to Financial Information Users (FIU) with your consent.
Financial Information
User (FIU)
Institutions that receive the user-consented financial data from FIPsto provide services to thecustomers.
Current Members of Sahamati
Major financial institutions in India have signed up to be Members of Sahamati Alliance
AA Foundation Day- How did the Ecosystem Celebrate?
The entire Account Aggregator ecosystem can transform the pension landscape by enabling seamless, consent-driven access to financial histories ensuring no citizen is left behind in retirement planning and advancing the vision of universally accessible pensions.
Chairperson, PFRDA
Chairperson, PFRDA
On the 4th AA Foundation Day, we celebrate the progress of the Account Aggregator framework in transforming securities markets—enabling personal finance management, advisory, portfolio management, and assessing net worth for F&O accounts. The framework is also emerging as a powerful tool for compliance and fraud prevention. With future possibilities like unified financial data, AI-driven advisory, seamless KYC, and Loan against wealth & securities, AA is poised to drive innovation on India’s journey to Viksit Bharat 2047.
Former Executive Director, SEBI Advisory Council, Sahamati
Former Executive Director, SEBI Advisory Council, Sahamati
On Account Aggregator (AA) Foundation Day, we congratulate the AA Ecosystem for making financial data sharing safe, simple, and consent-driven. We see the AA Framework promoting the use of data, analytics and technology for designing insurance products that are more affordable, accessible, and tailored to people’s needs. In 2025, the use of AA increased in the insurance sector, particularly for underwriting term insurance policies, and we encourage more insurance companies to experiment and innovate using the powerful DPI rails. This DPI is poised to play a key role in ensuring that every Indian family has adequate protection, and we achieve the country's objective of “Insurance for All by 2047”.
Chairperson, IRDAI
Chairperson, IRDAI
The Regulatory approved Account Aggregator framework is an important pillar in India’s digital public infrastructure, designed to unlock the value of trusted data for the economy.
By enabling secure and consent-driven data sharing, AA is not only advancing financial inclusion but also laying the foundation for innovative, data-led financial services that can serve citizens and enterprises across the spectrum. As we mark September 2 as Account Aggregator Foundation Day, it is a moment to reflect on how far the ecosystem has come and the immense potential that lies ahead.
MD & CEO, NPCI
MD & CEO, NPCI
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