Home › National › Prime Minister to dedicate 75 DBU to 75 Districts

Prime Minister to dedicate 75 DBU to 75 Districts

October 14, 2022
Current Context: Prime Minister will dedicate 75 Digital Banking Units across 75 Districts to the nation.
Prime Minister to dedicate 75 DBU to 75 Districts
  • It was announced in the budget speech of 2022-23 by the finance minister.
  • It will enable customers to have cost-effective, convenient access and enhanced digital experience of banking products.
  • It will increase digital financial literacy.
  • 11 Public Sector Banks, 12 Private Sector Banks, and one Small Finance Bank are participants in this endeavor.
  • They will be set up across the nation.

Question:

Q.1 What is the full form of DBU?
a. Digital Brokers Unit
b. Digital Banking Units
c. Data Base Utility
d. Dialog Base Units
Labels:

About Me

Ramandeep Singh

Ramandeep Singh

Educator & Banking Expert

I'm Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and over 5000 successful selections, I understand the path to success firsthand, having transitioned from Dena Bank and SBI. I'm passionate about helping you achieve your banking and insurance dreams.

14+
Years Experience
5000+
Selections
Ex-BoB
Banker