Times of India·3 min read·medium

What does RBI's new Consolidated Account Statement measure benefit you? Explained

S
SMRITI JAIN
What does RBI's new Consolidated Account Statement measure benefit you? Explained
✦AI Summary

The Reserve Bank of India has announced new measures to integrate bank deposit accounts into the Consolidated Account Statement (CAS) by the end of 2026. This initiative aims to provide investors with a unified view of their financial holdings, including mutual funds, stocks, and bank deposits, through account aggregators.

Why it matters

This move significantly improves financial transparency and convenience for retail investors by simplifying the tracking of diverse asset classes in a single digital interface.

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You invest in mutual funds, shares, ETFs, and even fixed deposits. But tracking your investments and keeping abreast with what money lies where can be a tricky and sometimes cumbersome task.This is where the Reserve Bank of India’s (RBI) latest move on Consolidated Account Statement (CAS) and interoperability of account aggregators can prove to be a game-changer for you.Announced on October 7, 2026, the measures will allow SEBI-regulated depositories to include information related to deposit accounts in CAS. RBI Governor Sanjay Malhotra said the measures would be implemented by December 31, 2026.

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