RBI releases guidelines on digital banking units - Moneycontrol

As per the guidelines, scheduled commercial banks with past digital banking experience are permitted to open DBUs in Tier 1 to Tier 6 centres without having the need to take permission from Reserve Bank of India in each case.

The Reserve Bank of India (RBI) on April 7 released guidelines for banks to set up digital banking units (DBUs). This follows an announcement made in the Union Budget 2022-23 for setting up of 75 DBU… [+3222 chars]

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