Neobanks are conceptually and practically different from western neobanks in India. Our neobank are mostly fintech players or entities, building neo banking solutions to ease customers’ pain points. According to RBI regulations, banking licenses are not issued to these digital banks or fintech players due to the compliance guidelines. Hence they offer financial products and services to make the customer’s financial journey easier. These banks can provide banking solutions such as virtual acco...

Neobanks are conceptually and practically different from western neobanks in India. Our neobank are mostly fintech players or entities, building neo banking solutions to ease customers’ pain points. According to RBI regulations, banking licenses are not issued to these digital banks or fintech players due to the compliance guidelines. Hence they offer financial products and services to make the customer’s financial journey easier. These banks can provide banking solutions such as virtual acco...