Categories: Banking

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.

Bank Maha Pack includes Live Batches, Test Series, Video Lectures & eBooks

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.

About Leh

  • Leh is located at an average elevation of about 3500 meters.
  • It was also the historical capital of the Kingdom of Ladakh.
  • Ladakh Lieutenant Governor is Radha Krishna Mathur.

Find More News Related to Banking

Sumit Arora

Recent Posts

Top-10 Silk Producing States in India 2024

Silk, often hailed as the queen of textiles, holds a significant place in India's cultural…

5 hours ago

World Tuna Day 2024 Observed Annually on May 2nd

World Tuna Day, observed annually on May 2nd, is dedicated to raising awareness about the…

6 hours ago

MCA Approves Hitesh Sethia as Jio Financial Services’ MD and CEO for 3 Years

The Ministry of Corporate Affairs (MCA) has granted its approval for the appointment of Hitesh…

6 hours ago

Top-10 Beautiful Gardens in the World 2024

India, renowned for its rich tapestry of natural landscapes and cultural heritage, is home to…

6 hours ago

Acclaimed Author Paul Auster Passes Away at 77

Paul Auster, the renowned American novelist and filmmaker, has passed away at the age of…

6 hours ago

Playback Singer Uma Ramanan Bids Adieu at 72

Renowned playback singer Uma Ramanan, who predominantly sang in Tamil, passed away at the age…

7 hours ago