R ARIVANANTHAM
CHENNAI, OCT 19
As part of the Union Government’s mission of setting up 75 Digital Banking Units (DBUs) on the occasion of 75 years of Independence, Prime Minister Narendra Modi has launched the DBUs virtually on 16th October 2022. The 118-year old tech-savvy City Union Bank (CUB) was part of this initiative and opened its DBU at Khammam District in Telangana.
G Sankaran, General Manager – Information Technology, along with the Regional Development Manager Panduranga Naresh were present during the launch.
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These DBUs will handle Self Service Digital Banking with all banking functions like Cash Deposit, Cash Withdrawal, Account Opening, Cheque Deposit, Passbook Printing and transacting Digital payments like RTGS, NEFT, UPI including All Net & Mobile banking transactions.
This initiative will reach to the people of their designated districts as part of the Financial Inclusion, said the Finance Ministry.
Congratulations to Shri G Sankaran, GM-IT, @cubltd, for winning the "Digital Transformation Leader" award at the @governancenow 5th India BFSI Awards 2022. pic.twitter.com/QUgUg5aI8P
— Governance Now Events (@bygovernancenow) October 14, 2022
Congratulations, @cubltd for being awarded in the category "Use of Emerging Technologies" at Governance Now 5th India BFSI Awards 2022 pic.twitter.com/kjH6souLKf
— Governance Now Events (@bygovernancenow) October 14, 2022
