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Friday, August 13, 2021

Business / PM Modi's dream seems to be coming true fast, even government banks have done what the PM wanted

Business / PM Modi's dream seems to be coming true fast, even government banks have done what the PM wanted






PM Modi's dream will come true quickly
 Government banks did the same
 Digital transactions in public sector banks account for about 72 per cent
 Private banks are rapidly focusing on digital transactions but government banks are not far behind.  In the Rajya Sabha on Tuesday, Minister of State Bhagwat Karad said in response to a question that about 72 per cent of digital transactions have taken place in public sector banks so far.  In 2019-20, about 34 million public bank customers were active on the digital channel, which has doubled to 76 million by 2020-21.



This is what PM Modi wanted
 When PM Modi came to power, he constantly worked for the promotion of Digital India, repeatedly chanting the slogan of Digital India and inspiring the youth to stay connected with the technique.



To curb black money, they wanted more and more financial transactions, making it easier to keep an eye on a single rupee.  Due to this many steps have been taken including Bhim UPI.  Now digital transactions in government banks are growing rapidly.  This will definitely make PM Modi happy.


There are many benefits to digital transactions
 If all banks do digital transactions, it will have many benefits.  This will help curb black money as well as benefit consumers.  Digital transactions will save the time of people going to the bank and working.  If people save time, they will be able to do other work in that time and at the same time get rid of the hassle of keeping cash.


 PM Modi's dream will come true quickly
 Government banks did the same
 Digital transactions in public sector banks account for about 72 per cent






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