Question
Which public sector bank became the first bank to go
live on the Account Aggregator (AA) ecosystem?Solution
UBI became the first public sector bank to go live on the Account Aggregator (AA) ecosystem. The framework facilitates sharing of financial information on a real-time basis between regulated entities. Account Aggregator (AA) are licensed by the RBI to enable the flow of data between Financial Information Providers (FIPs) and Financial Information Users (FIUs).
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Match the following:
