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Poosarla Sai Karthik

Tech guy with a busi... • 11d

90% of Indians earn less than ₹25,000 a month, according to the World Inequality Database. A ₹50,000 minimum balance means the average person must keep almost two months of income locked in their account or pay a fee. For those with tight budgets, this is not just inconvenient, it excludes them from fair access to banking. It leaves millions underbanked or dependent on informal options. While serving low-balance accounts may cost more physically, digital banking can cut costs and make zero or low-balance accounts viable. If banks do not adapt, fintechs will-and they will gain both market share and trust. Banking should work for everyone, not just the highest earners.

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