RBI instructs SLBC to identify one district in state and make it 100% digitally-enabled within one year
- The Reserve Bank of India has instructed all the State/ UT Level Bankers Committees (SLBCs/ UTLBCs) to identify one district in their respective States/ UTs on a pilot basis make the district 100% digitally-enabled within one year.
- SLBC/UTLBC may choose the district in consultation with banks and stakeholders.
- The identified district shall be allotted to a bank having a significant footprint
Points to remember:
- SLBCs have to identify how many districts for making them 100% digital?
- Time period?- 1 year
- SLBC full form?- State Level Bankers Committees