The Reserve Bank of India (RBI) vide Notification No.DOR.AUT.REC.12/22.01.001/2022-23 issued the Guidelines for Establishment of Digital Banking Units (DBUs).
In pursuance of announcements made in the Union Budget 2022-23, guidelines have been prepared for settling up of DBUs by commercial banks on the basis of recommendations of a working group formed by RBI.
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For further information, please contact:
Vineet Aneja, Partner, Clasis Law
vineet.aneja@clasislaw.com
