HomeNewsBankingIndusInd Bank as the first bank to use ‘Account Aggregator Framework’

IndusInd Bank as the first bank to use ‘Account Aggregator Framework’

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IndusInd Bank as the first bank to use Account Aggregator Framework

IndusInd Bank has started using the Reserve Bank of India (RBI)’s Account Aggregator Framework. due to this, IndusInd Bank becomes the 1st Indian bank in the country.

  • IndusInd Bank shares this information that The Bank is live as ‘Financial Information Provider’ (FIP) as per the new ‘Account Aggregator Framework’ of RBI.

What is RBI Account Aggregator framework –

  • Account Aggregator framework aims to enable bank’s customers to take advantages such as seeing statements of their accounts, tracking deposits, planning investments and avail credit cards on a single window.

About IndusInd Bank –

CEO – Sumant Kathpalia
Headquarters – Pune
Owner – Hinduja Group
Founder – S. P. Hinduja

About Reserve Bank of India –

Bank rate – 4.00%
Headquarters – Mumbai
Founder – British Raj
Founded – 1 April 1935
Governor – Shaktikanta Das

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