India's Account Aggregator Framework and Consent Managers

Imagine you want to share your financial data with different companies, like banks or investment firms.

Account Aggregators (AAs) are like your helpers, making sure you control who sees your data.

Under India’s new data law (DPDP Act), consent managers will do the same thing for all kinds of data, not just financial.

They'll help you give, change, or stop sharing your data.

The government is creating rules for these consent managers, and some experts suggest the rules should build on the successful AA system to make sure everything works well together.

This will help keep your data safe and give you more control.