Branchless Banking -- The future of India

Digital-first banks have acquired eminence in India today and the financial inclusion reforms are ready to roar. Take a look into the scenario of the banking ecosystem and its expeditious journey towards branchless banking in India through this article. Branchless banking has been outlined as the strategy that delivers banking services to people outside the traditional physical premises through kiosks, mobile phones, or other channels. Banks across the country have often been seen grappling with various strategies to transform the current banking system in tune with the ever-evolving digital age. The pandemic led many physical banks to the realization that the digital customer experience was substandard.