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    QONEQT in India

    18-Oct-2022 11:45 AM


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    Digital Banking Units Key To Financial Inclusion, Says Shaktikanta Das

    Digital infrastructure for banking services improving; RBI Governor The Reserve Bank of India has been taking several measures to augment digital banking infrastructure for improved customer experience.

    "The Reserve Bank has been taking progressive measures to improve the availability of digital infrastructure for banking services," said Governor Shaktikanta Das on Sunday.
    Calling the occasion a historic moment, Shaktikanta Das said that 75 DBUs had been set up in record six months.

    "On the delivery front, to start with, the DBUs will provide end-to-end digital processing of small ticket retail and MSME loans, starting from online applications to disbursals," he added.

    The self-service facility will be available 24x7 throughout the year.
    According to the list issued by the RBI, the State Bank of India has set up 12 DBUs, Punjab National Bank 4 and Bank of Baroda 8.
    Source: NDTV
    #RBIgovernor