Prime Minister Narendra Modi inaugurated the first digital bank unit online from Delhi.
The digital branch will be paperless and have only three employees who will help or guide customers in availing all type of facilities, including cash deposits and loan disbursement. Addressing the function through the online mode, Modi said the digitisation of the Banking Services heralded not only a new era in the sector, this would make the services more easy and hurdle free for both banks and customers. Claiming that the country had been on the fast track of development in the sector, it would make the banking service more hassle free.