If you apply for a loan or financial services, the bank or financial service provider’s app may also present to you an option to open an AA handle, link your bank accounts to handle and give consent to share the data from your existing banks to them.
A few leading banks have already started using Account Aggregator to request data from the consumers for selected financial products. The table below provides the list of banks that are using AA for getting bank account statements and the products for which AA is being used.
