17 Oct 2022 , 03:34 PM
Prime Minister Narendra Modi stated on Sunday that the banking industry has evolved into a tool for good governance and improved service delivery in India, highlighting the country's advancements in these areas.
On Sunday, Prime Minister Narendra Modi donated 75 Digital Banking Units (DBUs) to the country in an effort to encourage financial inclusion. Nirmala Sitharaman, the Union Finance Minister, and Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), also participated in virtual form at the inauguration event.
The 75 Digital Banking Units would greatly enhance the citizen's banking experience, according to PM Modi, who spoke at the event. DBUs is a step toward simplifying everyday living for the average person. According to him, DBU is a system that ensures the most services with the least amount of digital infrastructure.
"Digital banking units are important in the continued effort to make everyday life easier for regular people. It is a unique banking facility that will offer the greatest number of services with the least amount of digital infrastructure. These services will be hassle-free and without any paperwork. These would include amenities and robust digital banking security "he added.
For feedback and suggestions, write to us at editorial@iifl.com
Related Tags
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Securities Support WhatsApp Number
+91 9892691696
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.