RBI Includes ‘Clearing Corporation of India Ltd’ as a Financial Information Provider Under Account Aggregator Framework
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- Last Updated on 24 February, 2024
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Circular No. RBI/2023-24/125 DoR.FIN.REC.77/03.10.123/2023-24; Dated: 22.02.2024
The RBI Retail Direct Scheme was launched on Nov 12, 2021 to facilitate retail investors to invest in Government Securities. The Scheme enables individuals to open Retail Direct Gilt Accounts with the Bank and access the Government Securities market. Now, to enable aggregation of financial information on Government Securities held by retail investors in their Retail Direct Gilt accounts under the Scheme, RBI includes ‘Clearing Corporation of India Limited’ as a Financial Information Provider.
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