PM Modi to inaugurate 75 Digital Banking Units across 75 districts on Oct 16

New Delhi, Oct 15 (KNN) Prime Minister Narendra Modi to dedicate 75 Digital Banking Units (DBUs) to the nation on 16th October via video conferencing.

He will also address the gathering on the occasion.

As part of the Union budget speech for 2022-23, the Finance Minister had announced the setting up of the 75 DBUs in 75 districts of the country to commemorate the 75 years of independence of our country. 

The primary objective is to ensure benefits of digital banking reach every nook and corner of the country and will cover all the States and Union territories. 

11 Public Sector Banks, 12 Private Sector Banks and one Small Finance Bank are participating in the endeavour.

DBUs will enable customers to have cost effective, convenient access and enhanced digital experience of banking products and services all round the year. 

They will spread Digital Financial Literacy and special emphasis will be given to customer education on cyber security awareness and safeguards.  (KNN Bureau)