This role is, perhaps, the most unheralded aspect of our activities, yet it remains among the most critical. This includes ensuring credit availability to the productive sectors of the economy, establishing institutions designed to build the country’s financial infrastructure, expanding access to affordable financial services and promoting financial education and literacy.
The Reserve Bank had issued the press release on 'Invitation of applications for recognition of Self-Regulatory Organisation(s) for the Account Aggregator Ecosystem (SRO-AA)' dated March 12, 2025 inviting applications for recognising an SRO-AA.
2. An application seeking recognition as an SRO-AA by the Reserve Bank was received from Sahamati Foundation. The application was examined against the relevant requirements as prescribed under the ‘Framework for recognising Self-Regulatory Organisations (SROs) for the Account Aggregator Ecosystem’ dated March 12, 2025.
3. Based on the examination, it has been decided to recognise Sahamati Foundation as an SRO for the Account Aggregator Ecosystem.
(Brij Raj) Chief General Manager
Press Release: 2026-2027/392