New Delhi, According to a release, two regional rural banks – Kerala Gramin Bank and Karnataka Gramin Bank – have selected NPST Banking SuperApp to support their digital transformation.

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

“We are excited to work with Karnataka Grameena Bank and Kerala Grameena Bank to support their ongoing digital transformation and long-term growth in a scalable manner,” said Deepak Chand Thakur, Co-Founder and CEO, NPST.

India's digital banking ecosystem has experienced a remarkable transformation due to the government's Digital India initiative and increasing smartphone penetration with over 600 million users.

"These changes provide a tremendous opportunity for regional banks to modernize their services and meet the growing digital needs of their customers," it said in the release announcing the deal win.