Friday, March 31, 2023

Digital banking

PM Modi launches 75 Digital Banking Units

REPLACING ‘PHONE BANKING’ WITH ‘DIGITAL BANKING’ HELPED IN PROMOTING GROWTH Prime Minister Narendra Modi on Sunday attributed India’s sustained economic growth to the efforts of the BJP government to replace pre-2014 ‘phone banking’ with ‘digital banking’.Referring to the previous UPA...

Digital banking units in75 districts likely by July

Digital banking units in 75 districts, announced in the Budget to commemorate the 75 years of the country’s independence, are expected to become operational by July this year.To facilitate this, RBI last month released a comprehensive guidelines on Digital...