Finance Minister Nirmala Sitharaman Finance Minister Nirmala Sitharaman on Friday urged regional rural banks (RRBs) to bolster their current and savings account (Casa) ratio and persist with their focus on key central government schemes, such as PM SVANidhi, Atal Pension Yojana, PM Jan Dhan Yojana, PM Mudra Yojana, among others. Chairing a review meeting… Continue reading Improve CASA ratio, leverage account aggregator framework: FM to RRBs
Tag: aggregator
Sebi floats consultation paper to improve Account Aggregator framework
This is aimed at improving the safeguards within the Account Aggregator or AA framework to curb misuse of the financial information in frauds and mis-selling. Sebi on Tuesday came out with a proposal on collating and defining use cases of Financial Information Users (FIUs) in the Account Aggregator framework in securities markets. This… Continue reading Sebi floats consultation paper to improve Account Aggregator framework
Curbs on account aggregator usage, commodity brokers barred
Securities and Exchange Board of India Curbs on account aggregator usage The Securities and Exchange Board of India (Sebi) has sought public comments on additional safeguards for the account aggregator framework to curb the misuse of financial information such as frauds, miss-selling, and other unsolicited cross-selling. Account aggregator network secures digital data and provides access… Continue reading Curbs on account aggregator usage, commodity brokers barred