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NITI floats idea of full-stack digital banks, seeks comments by Dec 31

by AIP Online Bureau | Nov 25, 2021 | Banking & Bancassurance, Indian News, Policy, Technology

Digital banks or DBs are banks as defined in the Banking Regulation Act, 1949 (B R Act), the paper said.”In other words, these entities will issue deposits, make loans and offer the full suite of services that the B R Act empowers them to. As the name suggests...

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