Payment, lending apps more likely to get installed than banking apps: RBI Bulletin

A Reserve Bank study highlights that user experience in India’s FinTech sector is shaped by app market share, updates, and data privacy, with payment and lending apps preferred over banking apps. Analysis of 5.69 million reviews shows polarised feedback—87% being one- or five-star.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/xgzWCnr
via IFTTT

Comments

Post a Comment

Popular posts from this blog

RBI cancels licence of Rajasthan-based Sumerpur Mercantile Urban Coop Bank

The RBI has cancelled the licence of Sumerpur Mercantile Urban Cooperative Bank in Pali, Rajasthan, due to inadequate capital and earning prospects. Depositors will receive deposit insurance claim amount up to Rs 5 lakh from DICGC. As on November 30, 2023, DICGC has already paid Rs 45.22 crore of the total insured deposits based on the willingness received from the depositors concerned of the bank. from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/PEzW9QB via IFTTT
Read more