Neobanking and the new PPI guidelines: A conversation with Anish Achuthan

Описание: For a while, the Reserve Bank of India has been displeased with the lack of effort on the part of industry players to voluntarily move towards interoperability. The central bank had issued guidelines in October 2018 for adoption of interoperability on a voluntary basis for full-KYC prepaid payment instruments (PPIs). As the migration had not been significant, the central bank has now made interoperability mandatory for all full-KYC PPIs and digital wallets.

The regulations effectively bring wallets at par with bank accounts in terms of service offerings. This brings us to the question: Where are neobanks headed?

Catch Anish Achuthan, co-founder and CEO, Open Financial Technologies in conversation with Arti Singh and Pranav Srivilasan.

Concept: Harsha Singh
Producer: Harsha Singh