Your bank deposits will appear alongside your demat holdings: the RBI's account aggregator changes

What was announced

In its Statement on Developmental and Regulatory Policies of 7 October 2026, the Reserve Bank of India announced two changes to the account aggregator system, which lets customers access and share their financial information held with different financial institutions.

First, NBFC account aggregators will become interoperable. The RBI says this lets customers access their financial information, across different financial information providers, through the account aggregator of their choice.

Second, depositories regulated by SEBI will be able to include information about bank deposit accounts in the Consolidated Account Statement (CAS) they issue, obtained through account aggregators. Demat account holders will then be able to see their demat holdings and their bank deposit accounts in one place.

If you do not have a demat account

The RBI said customers who do not have demat accounts can continue to get a consolidated view of their financial information, and share it, through account aggregators.

When it happens

Both measures are expected to be implemented by 31 December 2026. The RBI's statement does not give operational details, such as exactly which deposit information will appear or how you will be asked to agree to it.

What to watch for

Account aggregators are designed to share financial information only when you agree to it. When these changes arrive, read any request carefully: check what information is being shared, with whom, and for how long, and how you can withdraw your agreement later.

A single statement showing savings and investments together can make it easier to keep track of your money, but it also puts more of your financial picture in one document. Store and share your CAS with the same care as a bank statement.