CURRENT AFFAIRS

Detailed explanation-1: -In yet another measure to deepen financial inclusion, the Prime Minister, Shri Narendra Modi dedicated 75 Digital Banking Units (DBUs) to the nation via video conferencing.

Detailed explanation-2: -How will digital banking units function in India? On October 17, 2022, 75 digital banking units became operational across 75 districts in India. As of now, there is at least one digital banking unit set up in each of the 29 states and eight union territories (UTs).

Detailed explanation-3: -This February, the government picked up the idea and made it a national goal to support financial inclusion, when Finance Minister Nirmala Sitharaman announced the establishment of 75 digital banking units (DBUs) across 75 districts in Budget 2022-23.

Detailed explanation-4: -Recently, the Prime Minister of India has dedicated 75 Digital Banking Units (DBU) across 75 districts to the nation. As part of the Union budget speech for 2022-23, the Finance Minister announced setting up the 75 DBUs in 75 districts to commemorate our country’s 75 years of independence.

Detailed explanation-5: -PM to dedicate 75 Digital Banking Units across 75 districts to the Nation on 16th October. In yet another measure to deepen financial inclusion, Prime Minister Shri Narendra Modi will dedicate 75 Digital Banking Units (DBUs) to the nation on 16th October at 11 AM via video conferencing.