Zerodha founder Nithin Kamath says: I don’t use internet banking apps on my phone because …

 Zerodha CEO Nithin Kamath revealed he avoids banking apps due to their invasive permissions, questioning why they need access to SMS, contacts, and calls. He contrasted this with Zerodha’s Kite app, which requests zero permissions, highlighting the Principle of Least Privilege and SEBI’s strong two-factor authentication as enabling security without intrusive data collection. Zerodha CEO Nithin Kamath revealed he avoids banking apps due to their invasive permissions, questioning why they need access to SMS, contacts, and calls. He contrasted this with Zerodha’s Kite app, which requests zero permissions, highlighting the Principle of Least Privilege and SEBI’s strong two-factor authentication as enabling security without intrusive data collection.