SEBI to Join Account Aggregator Framework

Current Context: Securities and Exchange Board of India, will join the account aggregator framework for data sharing.

The account aggregator framework is meant to allow the customers to share information about their mutual fund and stock portfolio with the financial service providers, such as Brokers, lenders, wealth managers, etc.
The Account Aggregator Framework is under the regulation of the Reserve Bank of India, therefore it would make the transactions secure. An API (Application Program Interface) is used as an interface between the market players and the regulators. The players include NSDL, CSDL, CAMS, etc.