India doesn’t have a single “govt ban rooted phones from banking apps” rule, but RBI’s digital payment security controls explicitly allow banks to block mobile apps on rooted/jailbroken devices, and many do. Combine that with device+SIM binding requirements and platform attestation (e.g., Play Integrity), and the practical result is often “no banking/UPI on rooted phones.”

Not only that, Android apps want full access to contacts and SMS but at the same iOS apps don't require those permissions. So it was never really a matter of security. This is all security theater from bootlickers