The Chief Minister of Kerala, India, Pinarayi Vijayan, announced that the state has become the first in the country to have all digital banking.
This means that all banking services can be done online or through a smartphone.
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CM Vijayan said that this achievement was made possible by the use of technology and infrastructure development, as well as social interventions through local self-government institutions.
The state is also working on a project called the Kerala Fibre Optic Network (K-FON) which will provide internet access to everyone in the state, either for free or at a low cost.
The Chief Minister also warned people to be careful of an increase in cyber crimes in the banking sector. The state received three awards for its progress in the digital sector.