Exams › IBPS PO › General Awareness

Which regulatory agency released the guidelines on the setting up of Digital Banking Units (DBUs) in April 2022?

1. Reserve Bank of India (RBI)
2. Securities and Exchange Board of India
3. Bureau of Indian Standards
4. Ministry of Commerce and Industry

Correct answer: Reserve Bank of India (RBI)

Solution

Digital Banking Units are part of banking infrastructure and regulation. In India, such guidelines are issued by the Reserve Bank of India, which regulates banks and banking operations.

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