Embrace e-banking, mobile banking: Modi

Giving a push for the country to go digital, Prime Minister Narendra Modi on Sunday appealed the people, particularly the youths, to embrace e-banking and mobile banking for cashless transactions.

“Time has come for everyone, particularly my young friends, to embrace e-banking, mobile banking and more such technology,” Modi said in a tweet before his ‘Mann Ki Baat’ radio address to the nation.

The Prime Minister suggested that mobile should be used for the banking purposes.

“My mobile… My bank… My wallet,” Modi said.

The central government on November 8 demonetised old Rs 500 and 1,000 notes to crack down on black money holders. The move led to a cash chaos in the country.