Pragati - The Sahamati Newsletter December 2022 

09 Jan 2023
Sahamati Newsletter

logo Pragati – Sahamati Newsletter December 2022

From the CEO’s desk

As the year 2022 closes, AA ecosystem adoption has given us more reasons to celebrate. Month of December recorded all-time high daily average of 26,000 consents fulfilled through AA framework. Number of financial institutions live on AA crossed 100, showcasing the increasing adoption of AA for various use cases. Interoperability of FIPs on existing 6 AAs improved even as RBI granted operating license to another AA (Dashboard AA).

Looking ahead, in the year 2023, we will be working closely with the FIPs and FIUs to improve the success rate of consent requests fulfilled. Sahamati support portal will continue to work on grievance redressal; we are working with Beta testers for providing ODR services to citizens and will be soon launched.

Citizen Adoption


3.33 million
consent requests fulfilled across FIUs

3.28 million
accounts linked across FIPs

View the usage dashboard here


114 FIPs/FIUs live on AA network


59 FIPs/FIUs testing or in-development

data as on 31 December 2022, for more details on all AA Participants, click here

Industry alliance updates

Dot Generating Awareness and Advocacy Dot

Sahamati at IBA’s 18th Annual Banking Technology Conference, Expo and Awards – 2022 Event

IBA hosted its 18th Annual Banking Technology Conference, Expo and Awards- 2022 event at Mumbai. B.G. Mahesh, represented Sahamati and our extended AA community as a panellist for the conference on “Building next-gen open banking leveraging India stack – ONDC, OCEN Reflections from innovators & early adopters”. The panellists discussed about the improving state of financial inclusion in India in the near short term.

click here to know more

Pragati Event – GST as FIP a Deep Dive Session

In December, Sahamati hosted more than 350 registered participants in an engaging discussion about GST as FIP. The event had Mr. Sivasubramanian Ramann as key note speaker discussing about the relevance of GSTN as FIP, especially in MSMEs lending space. Head of Strategy Ms. Shalini Gupta, discussed in detail the various benefits and elaborated on how GSTN will be a key growth catalyst in information based lending.

To watch the recording of the session, click here

To read more on GSTN as FIP and access the Data Schemas, click here

Sahamati at Fintech Wrap 2022 Event on Digital Public Goods

Sahamati CEO, Mr. B.G. Mahesh was invited to be part of BQ Prime’s Fintech Wrap 2022. The event themed around “What’s Good About Digital Public Goods?” The panel also included Monica Jasuja (GoTo Financial), Shinjini Kumar (SALT), Anand Kumar Bajaj (PayNearby), Dilip Vamanan (SellerApp).

click here to know more and listen to the audio recording of the event

Dot Fostering Self-regulation and Collaboration Dot

Sahamati at RBIH’s Assisted Account Aggregator Workshop

Reserve Bank Innovation Hub (RBIH)* hosted a workshop for the Assisted Account Aggregator (AA) Working Group to ideate on and finalize the process flows for an upcoming pilot on implementing AA assisted mode. Ms. Shalini Gupta, Head of Strategy at Sahamati, participated in the event representing the AA Community.

click here to read more about the workshop

Sahamati Support Portal team conducted its monthly session #3 for live participants

Continuing the monthly series of meetings with the Live- participants, Sahamati Support Portal team hosted session #3 in December 2022, themed “Growth through collaboration”. The event had good turnout of close to 50 live-participants, and discussed about the various root cause for grievances and failed transactions in the AA ecosystem. The meeting also emphasized on the need for transparency on the FIP API health.

To view more details, click here

Sahamati hosted AA SLA Working Group Meeting #1

Sahamati sought nominations for AA SLA Working Group in November 2022 and the group was formalised with 10 FIPs nominating themselves to be part of the group. The group met for the first time in December 2022 to discuss the draft SLAs for Account aggregator participants. The working group was moderated by Mr. Vamsi Madhav who elaborated on the SLAs to be set for FIP API Performance, AA Connectivity and Provisioning, and SLAs for Issue Resolution and Communication among participants.

Sahamati Initiatives

DotProviding foundational servicesDot

Dot Technical Infrastructure

Central registry | Token Service

480+ UAT Central Registry Entries

160+ Prod Central Registry Entries

View details on Github here

Dot Legal framework

Multi-partite Participation Terms | Dispute Resolution Framework*

92 signatories to Participation Terms

* Dispute Resolution Framework – Work-in-progress

View list of signatories to common Terms here

DotPromoting interoperabilityDot

Dot AA Uniform Code of Conduct

7 Working Groups

25 Topics Deliberated

120 Common Guidelines

View AA Uniform Code of Conduct here

Dot Certification Framework

4 empaneled certifiers

10 intermediate certified TSPs

129 certified AAs/FIPs/FIUs

View details here

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