Thanks for checking this out. This is not a bug.
If a user logs out, they’ll be taken to the MPIN/biometrics page and if they re-verify using biometrics they will be able to log back in. It’s completely normal.
If logging out means clearing credentials and cached data on the app, then Rohan’s position stands true.
However if logging out means simply locking the app, then Shawn is correct as well -it’s a deisgn.
What I feel is Logging Out and Lock/Unlock is confused in implementation - and this should be taken to User Team. One of the competing Neobanks has this sorted out by implementing an auto-lock on exiting screen whereas logout deletes all information stored locally (similar to clear data)