India could be next for digital-only banking, Mint says
Mint reports that neobanks have won millions of customers globally by keeping costs low and making banking more transparent.
TLDR
Digital banks, from Nubank to Monzo, have grown from niche apps into banking relationships for hundreds of millions of people, Mint reports. Mint says India has the digital infrastructure, but asks whether it can build a bank designed for the smartphone era.
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