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Explained: What are Digital Banking Units (DBUs) launched by PM Modi on October 16 across India?

The DBUs are being set up with the objective to ensure the benefits of digital banking reach every nook and corner of the country and will cover all the States and Union territories. 11 Public Sector Banks, 12 Private Sector Banks and one Small Finance Bank are participating in the endeavour.

PM to inaugurate 75 DBUs today including two in Jammu, Srinagar - Jammu Kashmir Latest News | Tourism

Both Units in UT belong to J&K Bank Will provide paperless, secured services Sanjeev Pargal JAMMU, Oct 15: Prime Minister Narendra Modi will tomorrow inaugurate 75 Digital Banking Units (DBUs) of different banks across the country including two of Jammu and Kashmir Bank one each in the two divisions through video conferencing. The Prime Minister will also address on the occasion, officials told the Excelsior. The two DBUs of Jammu and Kashmir Bank which will be inaugurated include Channi Rama in Jammu […]

PM Modi to dedicate 75 Digital Banking Units across 75 districts on October 16

Finance Minister Nirmala Sitharaman, as part of the Union budget speech for 2022-23, had announced the setting up of the 75 DBUs in 75 districts of India to commemorate the 75 years of independence of our country.

RBI fines 145 co-op banks in 2021-22; penalty of Rs 12 crore

In the 2021-22 financial year, the Reserve Bank of India imposed a penalty on 145 cooperative banks worth Rs

News Analysis (25 Aug, 2022)

India established diplomatic relations with Malaysia in 1957. As a country where 7.2% of the population is of Indian origin, Malaysia assumes an important place in India’s foreign policy.

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