Setting up of Digital Banks: Roll out 75 Digital Banks in one go across the country

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Setting up of Digital Banks: Roll out 75 Digital Banks in one go across the country

 

Setting up of Digital Banks: Roll out 75 Digital Banks in one go across the country

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF FINANCIAL SERVICES
LOK SABHA UNSTARRED QUESTION No. 3679
Answered on Monday, August 8, 2022/ Sravana 17, 1944 (Saka)

Setting up of Digital Banks

3679. SHRI MAHABALI SINGH:

Will the Minister of FINANCE be pleased to state:

(a) whether the Government proposes to roll out 75 Digital Banks in one go across the country;

(b) if so, the details thereof; and

(c) the details of the number of such banks to be set up by the Union Government in the State of Bihar, district-wise?

Answer

THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (DR BHAGWAT KARAD)

(a) to (c) In pursuance of announcements made in the Union Budget 2022-23, Reserve Bank of India (RBI) has issued guidelines on ‘Establishment of Digital Banking Units’ vide circular dated 07.04.2022 for setting up of 75 Digital Banking Units (DBUs).

Further, as per aforesaid guidelines, the DBU is a specialised fixed-point business unit / hub housing certain minimum infrastructure for delivering digital banking products & services as well as servicing existing financial products & services digitally, in both self-service and assisted mode. The objective of this digital initiative is to enable customers to have cost effective/ convenient access and enhanced digital experience to/ of such products and services in an efficient, paperless, secured and connected environment with most services being available in self-service mode at any time, all year round.

As apprised by Indian Banks’ Association (IBA), the district-wise details of 75 DBUs to be set up including in the State of Bihar are annexed.

*****

Annexure as referred to in part (b) & (c) of the Lok Sabha Unstarred Question No.3679 for answer on 08.08.2022 regarding “Setting up of Digital Banks”.

Status of Establishment of Digital Banking Units (DBUs) in 75 selected locations

S.No. Bank allocated for DBU District State/UT
1 Axis Bank Itarsi (Hoshangabad) Madhya Pradesh
2 Axis Bank Bundi Rajasthan
3 Axis Bank Bhilwara Rajasthan
4 Bank of Baroda Silvasa Dadra Nagar Haveli Daman and Diu (UT)
5 Bank of Baroda Vadodara Gujarat
6 Bank of Baroda Leh Ladakh (UT)
7 Bank of Baroda Indore Madhya Pradesh
8 Bank of Baroda Kota Rajasthan
9 Bank of Baroda Kanpur Dehat Rural Uttar Pradesh
10 Bank of Baroda Varanasi Uttar Pradesh
11 Bank of India East Singhbhum Jharkhand
12 Bank of India Khurda Odisha
13 Bank of Maharashtra Aurangabad Maharashtra
14 Bank of Maharashtra Satara Maharashtra
15 Canara Bank Bangaluru Rural Karnataka
16 Canara Bank Raichur Karnataka
17 Canara Bank Ernakulam Kerala
18 Canara Bank Lakshadweep Lakshadweep (UT)
19 Canara Bank Virudhnagar Tamilnadu
20 City Union Bank Khammam Telangana
21 Federal Bank North 24 Paraganas West Bengal
22 HDFC Bank Chandigarh (Rural) Chandigarh (UT)
23 HDFC Bank Faridabad Haryana
24 ICICI Bank Kohima Nagaland
25 ICICI Bank Puducherry Puducherry (UT)
26 ICICI Bank Dehradun Uttarakhand
27 IDFC First Bank Keonjhar Odisha
28 Indian Bank South Delhi National Capital Territory of Delhi (UT)
29 Indian Bank Karaikal Puducherry (UT)
30 Indian Bank Lucknow Uttar Pradesh
31 Indian Overseas Bank Solan Himachal Pradesh
32 Indian Overseas Bank Thanjavur Tamilnadu
33 Jammu & Kashmir Bank Jammu Jammu & Kashmir (UT)
34 Jammu & Kashmir Bank Srinagar Jammu & Kashmir (UT)
35 Jana Small Finance Bank Patna (Danapur) Bihar
36 Jana Small Finance Bank Ranchi Jharkhand
37 Karanataka Bank Mangaluru Karnataka
38 Karanataka Bank Mysuru Karnataka
39 Kotak Mahindra Bank Mehsana Gujarat
40 Kotak Mahindra Bank Surat Gujarat

setting-up-of-digital-banks-roll-out-75-digital-banks

Source: Lok Sabha PDF

COMMENTS

WORDPRESS: 1
  • P Chandrasekaran 1 month ago

    Highlights the informations 8n advance. So that one’s expectations are fulfilled to factual limits This advance informations are essential to one’s own expectations