Zerodha founder on why it is tough to compete with banks and become one Zerodha founder and CEO Nithin Kamath today shared his thoughts on how tough it is to become a Bank and expressed hope that the regulatory shackles will be broken in the future.Taking to Twitter, Nithin Kamath said, "The moat banks have today is that it is very very tough to become a bank. Yeah, you can be a Small Finance Bank, Payments Bank, Neo Bank, but you can never compete with a full-fledged bank due to all the restrictions. But looks like there is hope that the future is different.Kamath's statement comes as government think-tank Niti Aayog earlier today proposed setting up of full-stack 'digital banks', which would principally rely on the internet and other proximate channels to offer their services and not physical branches, to mitigate the financial deepening challenges being faced in the country. The Aayog, in a discussion paper titled 'Digital Banks: A Propos...