RBI Governor Shaktikanta Das asks PSU banks to digitally enable one district each

INSUBCONTINENT EXCLUSIVE:
MUMBAI: All state-owned banks today in a meeting with Reserve Bank of India governor Shaktikanta Das have agreed to setup enabling
Under the Aspirational District programme, which was launched in January 2018, mandates corporates to adopt a district each under their
was agreed that banks will identify one district in each state to make it 100% digitally enabled within a time frame of one year in close
the Reserve Bank
Payments Vision Document 2019 to 2021 and Nandan Nilekani recommendations on deepening digital payments. Separately, the governor Das also
discussed issues such as less than desired policy action transmission, faster resolution of stressed assets under the revised restructuring
the Governor acknowledged discernible improvements in the banking sector while underscoring that several challenges still remain to be