Leh achieved 100 percent digitization of banking operations

The highest-located district in India, Leh has achieved 100 per cent digitization of banking operations. Union Territory Level Bankers Committee Ladakh, the Reserve Bank of India has felicitated the bankers of the district. Leh district has completed the digitization of all the operating banks in a short span of a year.

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Digital Banking refers to the electronic banking service provided by a bank for its financial, banking and other transactions through electronic devices online. In 2019 RBI put forward a proposal to make at least one district of every state in the country have 100 per cent digitization of banking operations.

Notably:

Thrissur district of Kerala became the first fully digital banking district of the country in August 2021. Kerala is also the first state in India to achieve the target of Financial Inclusion of having at least one bank account in a family.

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