Digital Banking

Digital banking leverages advanced technology to deliver banking services fully online, eliminating the need for physical branches. It fosters greater convenience, accessibility, and financial inclusion through secure, 24/7 services via web and mobile platforms.

Recent Developments

  • 95.2% of total transaction value is now settled digitally.
  • Digital platforms growing at 30% annually
  • The RBI's Digital Lending Directions, 2025 are now in effect, replacing the 2022 Guidelines

Nodal Ministry / Agency

  • The Reserve Bank of India (RBI) regulates digital banking.
  • Ministry of Finance provides policy oversight.
  • National Payments Corporation of India (NPCI) is an umbrella organization set up with ....
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