I read this article in bankingday.com, x-rated worry
Xinja Bank may have a heck of a story and outlive its troubles, but from the outside a disorderly exit from the banking industry looms.
Ordered to lower standards for banking entry and opposed from the outset, APRA is playing by the big bank, system stability rule book now.
APRA set up neobanks to fail and there will be few tears at the regulator if and when Xinja Bank falls, as seems likely.
I do not generally believe everything i read on the internet, and just who is bankingday.com anyway, i have never heard of them.
What does Xinja think about the comments?