Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Ram Naam Bank enters digital world

PTI
Updated: February 10th, 2019, 14:02 IST
in National
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Allahabad: Embarking on a new journey during the ongoing Kumbh, the ‘Ram Naam Bank’, where devotees deposit booklets after writing the name of Lord Ram, has now made its presence on the digital platform.

The uniqueness of the bank lies in the fact that it is a bank with neither ATMs, nor cheque books; its only ‘currency’ is Lord Ram.

Also Read

GST collections in Odisha

Gross GST collections rise 6.2 pc to over Rs 1.84 lakh cr in Jun

10 hours ago
Assam Police

133 held in Assam for illegal slaughter, beef selling

11 hours ago

Ashutosh Varshney, who manages the bank’s affairs, is carrying on the legacy of his grandfather who had set up the organisation in early 20th century.

“This bank was started by my grandfather, Ishwar Chandra, who was a businessman. Now, there are over one lakh account holders from different age groups and religions,” said Ashutosh, who has set up his camp at Sector 6 of the Kumbh Mela.

“It runs under a social organisation, ‘Ram Naam Sewa Sansthan’, and has witnessed at least nine Kumbhs,” he told this agency, Sunday.

The bank has no monetary transactions. Its members have a booklet of 30 pages, containing 108 columns in which they write ‘Ram Naam’ 108 times every day. After completion, the booklet is deposited in the individual’s account.

Ashutosh said the name of the Lord should be written in red ink as it is the colour of love.

“The divine name of Lord Ram is credited in the account of account holder. A passbook is issued like other banks,” he stated.

Explaining the digital nature of the operations, president of the bank, Gunjan Varshney said, “The Ram Naam app can be downloaded free of cost from Google Play Store. The person has to register with the organisation, giving basic details such as name, age, address and also why he/she wants to write the name of Lord Ram.

“After this, the user is given a login id and password, and the first page of the 30-page booklet can be seen. It is only after that a person completes the first e-booklet (by writing Ram 108 times on each page) that he/she is given an account number.”

She also informed that the Digital Ram Naam Bank uses cloud computing technology.

“Another interesting aspect of the digital version is that the writer would have to write the name of Lord Ram individually 108 times on the page, and would not be able to engage himself/herself in cut-copy-paste mode,” Gunjan pointed out.

“All these services are provided free of cost. Ram Naam Bank has ledgers and passbooks like any other bank, and maintains the records of its ‘depositors’. The only currency that works in this bank is the name of Lord Ram,” she added.

Ashutosh meanwhile informed that people write the name of Lord Ram in Urdu, English and Bengali apart from Hindi. He said writing Lord Ram’s name helps release suppressed emotions and resolve issues of the past.

Asked about the number of account holders associated with the bank, he said, “As of now, the total number of non-digital account holders is around 1.5 lakh, and by the end of this Kumbh, we hope that there will be around 50,000 digital account holders.”

PTI

Tags: currencyDigital platformKumbhLord Ram
Share3TweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Saishree Satyarupa

December 12, 2019
#MyPaperBagChallenge

Adweeti Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

D Rama Rao

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Ramakanta Sahoo

December 12, 2019
#MyPaperBagChallenge

Sitakanta Mohanty

December 12, 2019
#MyPaperBagChallenge

Anup Mahapatra

December 12, 2019
#MyPaperBagChallenge

Praptimayee Biswal

December 12, 2019
#MyPaperBagChallenge

Adrita Bhattacharya

December 12, 2019
#MyPaperBagChallenge

Matrumangal Jena

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Anasuya Sahoo

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Vandana Singh

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Mrutyunjaya Behera

December 12, 2019
#MyPaperBagChallenge

Pitabas Tripathy

December 12, 2019
#MyPaperBagChallenge

Ankita Balabantray

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar

December 12, 2019
#MyPaperBagChallenge

Akriti Negi

December 12, 2019
#MyPaperBagChallenge

Swarit Praharaj

December 12, 2019
#MyPaperBagChallenge

Keshab Chandra Rout

December 12, 2019

Archives

Editorial

New Democratic Face

Zohran Mamdani
July 1, 2025

US President Donald Trump, who had comfortably defeated his Democratic rival Kamala Harris in the recent presidential election and exuded...

Read more

Proof To Vote

Vote
June 30, 2025

Months ahead of the Assembly polls in Bihar, the Election Commission of India (ECI) on 28 June launched a ‘special...

Read more

Genesis of Jana Sangh

AAKAR PATEL
June 29, 2025

We marked the 50th anniversary of the Emergency a few days ago. Another anniversary, this time the 75th, went relatively...

Read more

Double-engine PMO

June 28, 2025

Since February, the Prime Minister’s Office (PMO) has been operating for the first time with two full principal secretaries, P.K....

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST