Question

    The Digital Banking Units of Banks will be treated as:

    A Branches Correct Answer Incorrect Answer
    B Business Correspondents Correct Answer Incorrect Answer
    C Banking Outlets Correct Answer Incorrect Answer
    D Digital service points. Correct Answer Incorrect Answer

    Solution

    The DBUs of the banks will be treated as Banking Outlets (BOs) as defined in para 3.1.1 of Annex to RBI circular DBR.No.BAPD.BC.69/22.01.001/2016-17 dated May 18, 2017 on “Rationalisation of Branch Authorisation Policy- Revision of Guidelines”.

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