Business StandardApr 22, 2022Reserve Bank of India nod to banks to open digital banking unitsThe Reserve Bank of India (RBI) on Thursday 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. 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.Read more at Business Standard
The Reserve Bank of India (RBI) on Thursday 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. 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.Read more at Business Standard