The Account Aggregator (AA) framework in India allows financial institutions to share a customer's financial data with third-party service providers without requiring the explicit, revocable digital consent of the customer.

Answer: False

The AA ecosystem is fundamentally built on the principle of 'consent-based data sharing'. An AA acts merely as a blind pipe that transfers data from Financial Information Providers (FIPs, like banks) to Financial Information Users (FIUs, like lenders) only when the customer provides explicit, granular, and time-bound digital consent. The customer retains full control and can revoke this consent at any time.