Consider the following statements regarding the Digital Banking Units (DBU) :
1. It is a specialised fixed point business unit or hub housing certain minimum digital infrastructure for delivering digital banking products and services in self-service mode at any time.
2. Commercial banks including regional rural banks, payment banks and local area banks with past digital banking experience are permitted to open DBUs.
Which of the statements given above is/are correct?
1
1 only
2
2 only
3
Both 1 and 2
4
Neither 1 nor 2