About:
- As part of the Union budget speech for 2022-23, the Finance Minister had announced the setting up of the 75 DBUs in 75 districts of the country to commemorate the 75 years of independence of our country.
- 11 Public Sector Banks, 12 Private Sector Banks and one Small Finance Bank are participating in the endeavour.
Digital Banking Unit
- A digital banking unit is a specialised fixed point business unit or hub housing certain minimum digital infrastructure for delivering digital banking products and services as well as servicing existing financial products and services digitally in self-service mode at any time.
- The objective is to ensure benefits of digital banking reach every nook and corner of the country and will cover all the States and Union territories.
- DBUs will be brick and mortar outlets which will provide a variety of digital banking facilities to people such as opening of savings account, balance-check, print passbook, transfer of funds etc.
- They will spread Digital Financial Literacy and special emphasis will be given to customer education on cyber security awareness and safeguards.
Source : PIB
Last updated on Sep, 2026
→ UPSC 2027 Notification will be released on 13 January 2027 at upsconline.nic.in.
→ Check out the latest UPSC Syllabus here.
→ Download UPSC Model Answers for Mains 2026
→ UPSC Mains Question Paper 2026 is out now for Essay & GS Paper 1, 2, 3 & 4.
→ UPSC Calendar 2027 has been released.
→ Enroll in Vajiram & Ravi’s UPSC Mains Test Series 2027 for structured answer writing practice, expert evaluation, and exam-oriented feedback.
→ Join Vajiram & Ravi’s UPSC Mentorship Program 2027 for personalized guidance, strategy planning, and one-to-one support from experienced mentors.
→ Go through the UPSC Mains Previous Year Papers to enhance your preparation.
→ UPSC has released UPSC Toppers List 2025 with the Civil Services final result on its official website.
→ Also check Best UPSC Coaching in India
