Context
The Reserve Bank of India (RBI) recently laid down norms to allow commercial banks to open digital banking units (DBU) while mandating minimum products and services that must be offered in these units.
About
About Digital Banking Units (DBU):
The Union Budget of 2022-23 had announced the setting up of 75 Digital Banking Units (DBUs) in 75 districts to commemorate the 75 years of independence of our country. |
RBI Guidelines:
Benefits of Digital Banking Units (DBUs):
Verifying, please be patient.