RBI unveils guidelines for digital banking units. Here's 10 key points7 min read . Updated: 07 Apr 2022, 06:00 PM IST
- DBUs are specialised fixed point business unit / hub housing certain minimum digital infrastructure for delivering digital banking products & services as well as servicing existing financial products & services digitally.
The Reserve Bank of India (RBI) on Thursday released the guidelines on the “Establishment of Digital Banking Units (DBUs)". This is part of the announcement made in the Union Budget 2022-23 to set up 75 Digital Banking Units (DBUs) in 75 districts to commemorate the 75 years of independence of our country (Azadi ka Amrit Mahotsav).
Select your Category