New Delhi, Sept. 2 -- On the occasion of Accounts Aggregator (AA) Foundation Day, the Insurance Regulatory and Development Authority of India (IRDAI) extends its congratulations to the AA ecosystem for establishing an infrastructure that is consent-driven, setting new standards for financial data sharing in India.

The AA framework, part of India's evolving Digital Public Infrastructure (DPI), empowers individuals with full control over their financial data while enabling financial institutions to access accurate, verified information under strong privacy and consent protections.

In recent years, the framework has seen rapid adoption across banking and financial services. For example, the number of linked accounts soared from 39 million ...