75 Digital Banking Units in different districts to be set up in consumer- friendly manner: Bhagwat Karad
As announced in the Union Budget 2022-23, Seventy Five Digital Banking Units (DBUs) in different districts of the country will be set up so as to ensure that the benefits of digital banking are provided in the country in a consumer-friendly manner. This was stated by the Union Minister of State for Finance Dr. Bhagwat Karad, in a written reply in Lok Sabha today.
He said that no funds have been allocated by RBI for setting up of DBUs and the DBUs are expected to be operationalized by the end of the current calendar year. He said that as apprised by Reserve Bank of India(RBI), a Committee has been set up to prepare a roadmap for successful implementation of the said programme.
The Minister said that RBI has further apprised that criteria, such as relatively higher percentage of women population, youth, MSMEs, exports, geographically and strategically important locations, North-East area, SHG penetration, moderate level of digital adoption etc., will be taken in to consideration while finalizing the list of 75 districts for setting up of DBUs.
