Digital Banking Units

Axis Bank Q2 Result: Bank reports net profit jump by 70 % at Rs 5,330 crore in July-September quarter of FY23

The country's third largest private lender Axis Bank had posted a net profit of Rs 3,133.32 crore in the year-ago quarter.

Oct 20, 2022, 19:36 PM IST

Explained: What are Digital Banking Units (DBUs) launched by PM Modi on October 16 across India?

The DBUs are being set up with the objective to ensure the 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.

Oct 16, 2022, 14:40 PM IST

PM Modi dedicates 75 Digital Banking Units (DBUs) across 75 districts in India

PM Narendra Modi has launched today 75 Digital Banking Units (DBUs) in 75 districts across the country. DBUs will provide digital and paperless service to citizens hasslefree and conveniently and promote financial inclusion.

Oct 16, 2022, 11:51 AM IST

PM Modi to inaugurate 75 digital banking units (DBUs) of various banks on October 16

The DBUs are being set up to ensure that the benefits of digital banking reach every nook and corner of the country. Eleven banks in the public sector, 12 in the private sector and one Small Finance Bank are participating in the endeavour.

Oct 15, 2022, 18:07 PM IST

Banks will soon offer services 24X7 digitally: Big move from RBI to help customers

The Reserve Bank of India (RBI) said existing banks can open digital banking units to offer products and services in both self-served and assisted mode round-the-clock.

Apr 07, 2022, 20:09 PM IST