Indian Neo Banking Market Growth Is Propelled By Growing Internet Penetration: Ken Research According to the report analysis, ‘Indian Neo Banking Industry Outlook to 2027: Driven by adoption of contactless payments, shifting consumer preferences towards Fin-Tech, rising market players and digitalization’ states that Indian Neo Banking market prolonged with the substantial growth in between 2017 and 2022 with enormous expansion in the acceptance of Neo Banking as the… Read More »
Indian Neo Banking Market, Industry Growth and Analysis, Outlook to 2027 : Ken Research Overview Neobanking is a novel banking technology that delivers the complete online banking solutions to its customers. These banks differ from traditional banks, as they have no physical offices and branches. Neobanking enables everything from opening an account to other services, without the requirement to go to a bank. Report analysis and competitive landscape According… Read More »
Rapid Urbanization, Adoption of Cashless Society, and Emergence of Fintech will drive the growth of India Neo banking Industry at a CAGR of 9% during 2022-27: Ken Research Due to increasing digital penetration and urbanization, Neo banks will be preferred over Traditional Banks in the next five years. Traditional Banks will face a threat to the Neo banking industry in the future due to the growing adoption of digital and cashless systems. Rapid Urbanization: Increasing income of people along with growing standards of… Read More »