The Reserve Bank of India (RBI) on February 22, 2024, updated the Master Direction- Non-Banking Financial Company - Account Aggregator (Reserve Bank) Directions, 2016.
The following amendment has been stated:
• The para xi has been substituted with the following;
“Financial information provider” means bank, banking company, non-banking financial company, asset management company, depository, depository participant, insurance company, insurance repository, Central Recordkeeping Agency, Goods and Services Tax Network (GSTN), Clearing Corporation of India Limited and such other entity as may be identified by the Bank for the purposes of these directions, from time to time;
Note: Clearing Corporation of India Limited shall provide financial information on Government Securities held by retail investors in their Retail Direct Gilt accounts under the Retail Direct Scheme.
[Notification No. RBI/DNBR/2016-17/46 Master Direction DNBR.PD.009/03.10.119/2016-17]
