SAHAMATI,the industry alliance anchoring the operationalisation of India's Account Aggregator (AA) eco system,released its latest DATA UNLOCKED report .The report provides a detailed analysis of how consent based AA data flows are enabling innovation & broadening fianancial inclusion in the country.The report highlights real-world use cases, case studies from early adopters,and quantified insights on how the AA ecosystem is being leveraged to deliver financial services across sectors.India's open finance eco system,powered by the Account Aggregator (AA) framework, reached a major milestone in FY 25,moving from pilot-stage adoption to early population -scale usage.
The Key highlights of the report are :
1. In FY25 11.58 crore consent based data transactions that allowed an estimated 4.77 crore users to access financial products & services.
2.This includes2.84 crore transactions in capital markets and insurance;2 crore users leveraging personal finance management tools,income verification for 84 lakh Futures & Options accounts,and 33,000 life insurance policies.
3. Assuming one service user,over 4.4% of India's adult population availed a financial product through AA,while more than 15.4% used it to apply.
Mr.B.G.Mahesh,CEO,Sahamati, said," The Unlocked Report 2025 marks a key milestone for India's financial landscape.Open finance in India has now become truly cross-sectoral,not only in the supply of financial information,but also through use cases that are driving measurable impact across lending,capital markets,insurance and other financial services. by enabling more personalized,tailored and innovative financial services,the AA eco system is charting India's path towards holistic financial inclusion across access,usage and quality".
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