Pine Labs, CAMS, Moneyview, other fintech stocks rally up to 11% after RBI MPC move. Here’s why
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The Economic Times
Times of IndiaPine Labs, CAMS, Moneyview, other fintech stocks rally up to 11% after RBI MPC move. Here’s why
Shares of Pine Labs, Moneyview and other fintech firms rose after the RBI announced interoperability among NBFC account aggregators. The move will let customers share financial information across different account aggregators through a single account, without fresh registration, subject to their consent.
RBI to enable interoperability among Account Aggregators, integrate bank deposits with demat CAS
Under the initiative, customers will be able to access and share their financial information across different financial service providers through any NBFC-Account Aggregators (NBFC-AA)
RBI Makes Account Aggregators Interoperable, Making Financial Data Access Easier
Mumbai, Oct 7: The Reserve Bank of India (RBI) has announced interoperability among Non-Banking Financial Company Account Aggregators (NBFC-AAs), a move aimed at making it easier for customers to access, consolidate and share their financial [...] The post RBI Makes Account Aggregators Interoperable, Making Financial Data Access Easier appeared first on Business News This Week.
RBI announces interoperability among NBFC‑AAs to boost customer convenience - tennews.in: National News Portal
New Delhi, Oct 7 (IANS) The Reserve Bank of India on Wednesday announced implementation of interoperability among non‑banking financial company account aggregators (NBFC‑AAs) to make it easier for customers to access and share financial information across financial information providers. Under the move, customers registered with any licensed account‑aggregator app will be able to share data […] The post RBI announces interoperability among NBFC‑…
RBI announces interoperability among NBFC‑AAs to boost customer convenience
Digital Desk | New Delhi, Oct 7 (IANS) The Reserve Bank of India on Wednesday announced implementation of interoperability among non‑banking financial company account aggregators (NBFC‑AAs) to make it easier for customers to access and share financial information across financial information providers. Under the move, customers registered with any licensed account‑aggregator app will be able to share data with any regulated financial instituti…
The RBI decided to introduce interoperability between account aggregators. Now, depository and bank account details will be available in one place. This decision led to a sharp rise in the shares of Pine Labs and CAMS.
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