Digital Banking Units

Finance Minister Nirmala Sitharaman in the Budget 2022 had announced the plan for establishing 75 digital banking units(DBU) in 75 districts in FY23. These DBUs will play a crucial role in facilitating digital literacy in the country and helping rural areas to get access to facilities like MSME loans, Fixed Deposits, Savings accounts, debit cards etc.

Dive into today’s post of the Banking vertical to know more about this interesting development which will help India reach its goals of Financial Inclusion.

Post Credits – Gautam Vaddi and Pushkar Mahale

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