Data providers: Entities holding Customer financial asset information can be the data providers as per current RBI Master guidelines or any other entities as prescribed by the regulator from time to time. Such entities are called Financial Information Providers (FIP). e.g. Banks, Insurance companies, Deposit taking NBFCs, Pension Funds, Mutual Funds (AMCs) etc.
Data consumers: Any entities regulated by the four financial sector regulators i.e. RBI, SEBI, IRDA, PFRDA can be data consumers or Financial Information Users (FIUs). These are as per the current master guidelines or may expand as prescribed by the regulator from time to time. e.g. NBFCs, Banks, Registered Investment advisors (RIA) regulated by SEBI, Pension Funds, Insurance companies, Stock Brokers (regulated by SEBI), Mutual funds etc.