Chosen from a highly competitive pool of 32 national applications, Natural Group is one of only two entities initially unveiled by the central bank to commence live product testing. This milestone marks a significant step in our mission to bring advanced financial services to every corner of “Bharat,” ensuring that even the most remote locations are not left behind in the digital revolution.

Innovation in Action: The eRupaya Solution

At the heart of our participation in the RBI Regulatory Sandbox is eRupaya, a cutting-edge payment ecosystem designed to function where traditional digital infrastructure often fails.

Our Jaipur-based team has developed a sophisticated suite of tools to facilitate seamless financial interactions in offline environments:

• NFC-Based Prepaid Cards: Utilizing Near-Field Communication (NFC) technology to allow secure, tap-and-go transactions without the need for an active internet connection.
• NFC-Enabled Point of Sale (PoS) Devices: Empowering merchants in remote or low-connectivity areas to accept digital payments reliably.
• Offline P2M Transactions: Bridging the gap for Person-to-Merchant (P2M) payments, ensuring that commerce can thrive regardless of cellular or data availability.

A Regulated Environment for Breakthrough Technology

The RBI’s Regulatory Sandbox, finalized in August 2019, provides a unique, monitored environment for fintech leaders to test innovative products. This framework allows Natural Group to collect vital evidence on the benefits and security of our eRupaya platform while working directly under the oversight of the central bank.

Despite the challenges and delays posed by the global COVID-19 situation, Natural Group successfully transitioned into the test phase on November 16, 2020. This proactive start demonstrates our resilience and readiness to lead the industry through periods of uncertainty.

Aligning with the National Vision for Innovation

Natural Group’s efforts are closely aligned with the broader initiatives of the Reserve Bank Innovation Hub (RBIH). As the RBIH works to collaborate with the technology industry and academic institutions to develop financial prototypes, Natural Group serves as a real-world example of how these innovations can be applied to solve critical infrastructure gaps.

Our participation alongside established industry giants like Nucleus Software Exports highlights Natural Group’s standing as a high-authority veteran in the Indian fintech space. We are committed to leveraging this opportunity to set new standards for security, inclusivity, and efficiency in retail payments.

Conclusion: Empowering the Unconnected

The selection of Natural Group for the RBI’s first Regulatory Sandbox cohort is more than just a corporate achievement; it is a commitment to the financial empowerment of all Indian citizens. By perfecting offline digital payments through eRupaya, we are ensuring that the benefits of the digital economy reach the last mile.

As we continue our testing and development, Natural Group remains dedicated to being a pillar of trust and innovation in India’s rapidly evolving financial landscape.

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As a veteran in the fintech landscape founded in 2005, Natural Group was chosen from a competitive pool of 32 high-caliber applications to participate in this maiden test phase. This selection underscores our commitment to developing secure, accessible, and cutting-edge financial technologies that align with the national vision for a digitally empowered economy.

Pioneering Innovation in a Regulated Environment

The RBI’s Regulatory Sandbox provides a controlled environment for fintech leaders to live-test innovative products and services. This initiative allows us to gather critical evidence on the benefits and risks of new technologies while ensuring consumer protection and regulatory compliance.

Strategic Highlights of the RBI Cohort:

• Thematic Excellence: Natural Group is part of the first-ever cohort focused specifically on Retail Payments, a sector vital to India’s digital transformation.
• Early Mover Advantage: Alongside industry peer Nucleus Software, Natural Group was among the first two entities disclosed by the central bank to commence product testing, beginning our phase on November 16, 2020.
• Rigorous Selection: Being one of only six firms chosen nationwide validates our technical expertise and the transformative potential of our payment solutions.

Driving the Next Wave of Retail Payment Solutions

In an era where the central bank is placing a “renewed focus” on financial technology innovation, Natural Group is proud to contribute to the evolution of India’s payment ecosystem. Our participation in the Sandbox allows us to refine technologies that bridge the gap between traditional banking and modern digital needs.

While the commencement of testing faced industry-wide delays due to the global pandemic, Natural Group remained steadfast, leveraging this time to further harden our systems for the rigorous RBI testing standards.

Our Role in the National Fintech Roadmap

The RBI has since expanded the Sandbox initiative to include themes such as cross-border payments and MSME-focused lending. By participating in the foundation-laying first cohort, Natural Group is helping set the benchmark for how innovation is managed and promoted across the financial sector.

A Legacy of Trust, A Future of Innovation

Natural Group’s inclusion in this prestigious group is a testament to our nearly two decades of service and our relentless pursuit of excellence. From our headquarters in Jaipur to the national stage at the RBI, we continue to prove that experience and innovation are the keys to a more inclusive financial future.

We look forward to sharing the results of our testing phase as we continue to work closely with the Reserve Bank Innovation Hub (RBIH) and other regulatory bodies to shape the future of “Bharat”.

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By merging Natural Group’s 25-year legacy in banking infrastructure with Bharuwa’s advanced AI capabilities, this partnership delivers a revolutionary “Bank in a Box” solution. Our mission is to bridge the technological gap, ensuring that small-to-mid-sized financial entities have access to the same caliber of innovation as the nation’s largest banking giants.

Solving the Four Core Challenges of Indian Banking

The Indian banking ecosystem has long been hindered by barriers to inclusivity and modernization. The B-Banking Core Banking System (CBS), developed through this synergy, is engineered to dismantle these obstacles through four strategic focuses:

1. Realizing Linguistic Inclusivity

India’s linguistic richness should not be a barrier to financial access. While most banking platforms are restricted to English, our bilingual solution empowers banks to interact with customers in their native tongues such as Gujarati or Punjabi. This shift ensures that digital banking is intuitive and accessible for every citizen, regardless of their language.

2. Fortifying Trust with AI-Driven Security

In an era of rising digital threats, security is non-negotiable. Our platform integrates sophisticated AI and cybersecurity protocols that provide 360-degree protection for data and transactions. By utilizing machine learning, the system proactively secures digital interactions, maintaining the highest standards of institutional integrity.

3. Driving Process Efficiency through Automation

We believe in a holistic approach to banking transformation. The system features a robust suite of tools designed for seamless end-to-end operations, including:

• API Banking & Workflow Automation for modern connectivity.
• Integrated MIS and ERP Modules for data-driven decision-making.
• HRMS and AML Tools for comprehensive compliance and staff management.

4. Strategic Regulatory Compliance

Adherence to national mandates is a cornerstone of our technology. The platform is fully aligned with the Official Language Act of 1963 and current Supreme Court directives. By automating bilingual compliance, we allow financial institutions to focus on growth while we handle the complexities of regulatory alignment.

Empowering Bharat: A Vision of Modern Inclusion

Shri Acharya Balkrishna Ji, Founder & Managing Director of the Patanjali Group, shared his vision for this transformative project:

“Bharat is a nation of many languages, yet our banking infrastructure predominantly operates in English alienating the majority. This initiative is about empowering Bharat, in every sense of the word, by giving rural and semi-urban cooperative institutions access to the same level of technology as major public and private sector banks.”

Natural Group: Your Trusted Partner Since 1999

Natural Group brings an unmatched pedigree to this partnership. Since our inception in 1999, we have automated over 5,000 bank branches, specializing in essential surround products like Loss Origination Systems (LOS), AML, and MIS.

Our collaboration with Bharuwa Solutions merges this deep operational experience with next-generation AI to offer a complete “Bank in a Box”. This all-in-one platform integrates:

• Digital Services: Internet & Mobile Banking, AI-Powered Search, and SMS Banking.
• Identity & Integration: eKYC, CKYC, and PFMS Integration.
• Agricultural Support: KCC IS Portal and specialized rural modules.

Shaping the Future of Global Finance

This holistic offering is specifically tailored for State Cooperative Banks, District Central Cooperative Banks, Urban Cooperative Banks, and NBFCs across India and the international market. Together, Natural Group and Bharuwa Solutions are not just launching a product; we are setting the standard for a more inclusive, secure, and technologically advanced financial future for all.

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By combining Natural Group’s twenty-five years of domain expertise with Bharuwa’s cutting-edge AI capabilities, this alliance introduces a “Bank in a Box” solution designed to empower regional, cooperative, and small financial institutions with world-class technology.

Redefining the Indian Banking Ecosystem through Innovation

For decades, the Indian banking sector has faced a digital divide, where smaller financial institutions often struggled to access the high-level technology utilized by major private and public sector banks. The new B-Banking Core Banking System (CBS) platform addresses this disparity head-on, focusing on four pillars of transformation:

1. Breaking Language Barriers with Multilingual Inclusion

In a nation as linguistically diverse as India, English-only banking interfaces often alienate a significant portion of the population. Our new bilingual ERP system enables banks to offer services in both English and local vernaculars such as Gujarati or Punjabi. This ensures that digital banking is truly accessible to every citizen, regardless of their primary language.

2. State-of-the-Art Cybersecurity and AI

Security is the bedrock of digital trust. The platform integrates advanced AI and machine learning protocols to provide ironclad protection for data, transactions, and digital interactions. By utilizing predictive AI, the system identifies potential threats before they escalate, ensuring a secure environment for both the institution and the end-user.

3. End-to-End Operational Excellence

The “Bank in a Box” concept simplifies complex banking operations. The system features a robust suite of modules, including:

• API Banking & Workflow Automation
• HRMS and ERP Modules
• Management Information Systems (MIS)
• Anti-Money Laundering (AML) Tools

4. Unwavering Regulatory Compliance

Our solution is meticulously aligned with the Official Language Act of 1963 and recent Supreme Court directives. We ensure that every partner institution remains fully compliant with government mandates for bilingual software, mitigating legal risks while promoting national standards.

A Vision for “Empowering Bharat”

Shri Acharya Balkrishna Ji, Founder & Managing Director of the Patanjali Group, emphasized the necessity of this technological leap:

“Bharat is a nation of many languages, yet our banking infrastructure predominantly operates in English alienating the majority. This initiative is about empowering Bharat in every sense of the word, ensuring that our rural and semi-urban cooperative banks have access to the same level of technology as the world’s leading financial institutions.”

Natural Group: A Legacy of Excellence Since 1999

Natural Group brings an unparalleled legacy to this partnership. Since 1999, we have successfully automated over 5,000 bank branches, providing essential “surround products” such as Loss Origination Systems (LOS), MIS, and AML solutions.

Our role in this partnership is to provide the deep-rooted backend infrastructure and operational wisdom that ensures the new ERP system is not just technologically advanced, but also practically seamless. Together, we are delivering a holistic offering tailored for:

• State and District Central Cooperative Banks
• Urban Cooperative Banks
• Non-Banking Financial Companies (NBFCs)
• Microfinance Institutions

The Future of Financial Inclusivity

The synergy between Natural Group and Bharuwa Solutions represents more than just a product launch; it is a movement toward a more inclusive financial future. By integrating frontend excellence with powerful backend infrastructure including eKYC, PFMS Integration, SMS Banking, and AI-powered Search we are setting a new global benchmark for how technology can serve humanity.

As we look forward, Natural Group remains committed to bridging the gap between traditional banking and the digital age, ensuring that no institution and no citizen is left behind in the journey toward a digitally empowered India.

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