New Delhi, Feb. 21 -- Getting a bank locker in India is not easy, as anyone who has tried to have a new one assigned to themselves will attest. Firstly, many bank branches simply don't offer lockers anymore, and of the ones that do, most have years-long waiting lists. Customers are also often expected to open fixed deposits or make other investments with the bank in order to get a locker. It is a sector ripe for digitization and disruption-and now, a few companies are creating alternatives. While Coimbatore-based Sakthi Financial Services operates premium lockers in the city under the brand name Svasya, these are still traditional lockers in the sense of needing locks and keys to operate. A Bengaluru-based startup, Aurm, founded by former...
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