Latest News | Two Regional Rural Banks Opt for NPST Banking SuperApp to Drive Digital Transformation

New Delhi, Jun 27 (PTI) Two regional rural banks -- Kerala Gramin Bank and Karnataka Gramin Bank -- have selected NPST banking superapp to support their digital transformation, according to a release.

According to the release, the 'NPST Superapp' will enable banks to drive digital transformation by enabling the delivery of new-age banking and transactional experiences, tailored to the demands of customers in rural and semi-urban areas.

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"We are excited to work with Karnataka Gramin Bank and Kerala Gramin Bank to support their ongoing digital transformation and long-term growth in a scalable manner," NPST co-founder and CEO Deepak Chand Thakur said.

India's digital banking ecosystem has experienced a remarkable transformation, fuelled by the government's Digital India initiative and the increasing penetration of smartphones, with more than 600 million users.

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"These shifts present a tremendous opportunity for regional banks to modernise their services and cater to the evolving digital needs of their customers," the release said, announcing the deal wins.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)