Nearly 700 entities join account aggregator system; 15 crore accounts linked: Union minister Sitharaman

June 19, 2025

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Union Finance and Corporate Affairs Minister ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/news/nirmala-sitharaman”>Nirmala Sitharaman on Wednesday said that in just 3 years, nearly 700 entities as of Financial Year (FY) 2025 across banking, insurance, securities, and pensions have joined the Account Aggregator (AA) platform, up from only 24 in FY22.

Addressing a gathering at the ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-payments-awards-2025″ target=”_blank”>Digital Payments Awards 2025 in New Delhi, Sitharaman noted the surge in adoption of the AA platform–a consent-based data-sharing framework aimed at improving access to financial services. The number of accounts linked through AA has soared to…

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