Karnataka Bank opens digital banking unit in Mangaluru

Mangalore Today News Network

Mangaluru, Oct 16, 2022: To deepen financial inclusion, the prime minister inaugurated 75 digital banking units or DBUs of different banks across the country including Karnataka Bank.

In Mangluru, the Karnataka Bank has opened Digital Banking Unit at Yeyyadi, Airport Road.

“Digital Banking Units will improve banking and financial management, promote transparency and also promote financial inclusion,” Prime Minister Modi said while addressing the nation on the occasion.

Modi also hailed India’s digital prowess and DBT. “NewIndia has become a global leader in establishing its presence as a digital facilities provider in the banking sector. The world is applauding our strengths,” PM said.

DBUs will also provide a variety of digital banking facilities to people such as opening a savings account, account balance check, printing passbook, funds transfer, fixed deposit investments, loan applications, application for credit or debit cards, and bill and tax payments among others.