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Mumbai (Maharashtra) [India], October 18 (ANI/NewsVoir): 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 #DBUs will provide a comprehensive range of digital products and services on the liability as well as the asset side, including opening of savings accounts, fund transfers, end-to-end digital processing of loans, internet banking, dig...

RBI issues guidelines for setting up Digital Banking Units

The establishment of DBUs (Digital Banking Units) should be part of the digital banking strategy of the RBI, it said.