How will financial inclusion be pushed by digital banking units?

On Sunday, 75 Digital Banking Units, including two from Jammu and Kashmir Bank

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were dedicated to the country by Prime Minister Narendra Modi through video conference.

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One of Jammu and Kashmir Bank's two Digital Banking Units (DBUs) is the SSI branch at Lal Chowk in Srinagar

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Farooq Abdullah, a member of parliament from Srinagar and the leader of the NC, was also present, they continued

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The establishment of the 75 DBUs in as many districts throughout the nation was announced by Nirmala Sitharaman

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DBUs will offer customers a range of digital banking services, including creating savings accounts, checking account balances

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printing passbooks, transferring money, investing in fixed deposits, applying for loans

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applying for credit or debit cards, paying bills and taxes, and more.

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While 12 private sector lenders and one small finance bank opened only one-third of the 75 DBUs

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