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Manumangalanubhai Manumangalangaldas Securities Pvt. Ltd. Member: BSE - NSE - CDSL

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Interoperability among NBFC-Account Aggregators on cards
07-Oct-2026 12:06
The Reserve Bank of India announced today a move to bolster customer convenience through the implementation of interoperability among Non-Banking Financial Company-Account Aggregators (NBFC-AA). This initiative will empower customers to access and share their financial data across diverse Financial Information Providers via any NBFC-AA they select. Furthermore, depositaries regulated by the Securities and Exchange Board of India will be enabled to incorporate bank deposit account details into their Consolidated Account Statement (CAS) utilizing NBFC-AAs. This will allow demat account holders to view holdings and bank deposit account information within a unified CAS. Customers, irrespective of demat account ownership, can maintain access to a consolidated view of their financial information and share it through NBFC-AAs. Both measures are designed to improve customer experience and are slated for implementation by December 31, 2026.
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As per CDSL communiqué, kindly update your Email ID, Mobile Number and Income Range in your CDSL Demat Account on or before 31st May 2021. Non-compliant accounts will become inactive after 31st May 2021.  |  Prevent unauthorized transactions in your Demat account by updating your registered mobile number with your Depository Participant. Receive alerts for all debit and other important transactions directly from CDSL.  |  No need to issue cheques while subscribing to an IPO. Simply authorize your bank account in the application form.  |  KYC is a one-time process. Once completed through a SEBI-registered intermediary, you do not need to repeat it with another intermediary.  |  Update your mobile number and email ID with your stock broker to receive transaction alerts directly from the Exchange.