Bank of Baroda launches eight Digital Bank Units
The Bank of Baroda's 8 DBUs have been opened in Indore, Kanpur Dehat, Karauli, Kota, Leh, Silvassa, Vadodara, and Varanasi.
The Bank of Baroda's 8 DBUs have been opened in Indore, Kanpur Dehat, Karauli, Kota, Leh, Silvassa, Vadodara, and Varanasi.
IDFC FIRST Bank announced the launch of Digital Banking Units (DBUs) at Kendujhar in Odisha and Dimapur in Nagaland. The move is in sync with the Government's initiative to deepen financial inclusion.
The Governor of the Reserve Bank of India (RBI) Shaktikanta Das on Sunday said the central bank has been taking progressive measures to improve the availability of digital infrastructure for banking services.
Prime Minister Narendra Modi on Sunday dedicated 75 Digital Banking Units (DBUs) across 75 districts via video conferencing. DBUs are specialized branches for delivering digital banking products where people can withdraw and deposit money 24*7.
