RBI Governor’s proposal to relax Branch Authorisation Policy

RBI/2013-14/274 DBOD.No.BAPD.BC.54 /22.01.001/2013-14 September 19, 2013 All Domestic Scheduled Commercial Banks (excluding RRBs) Madam / Dear Sir Section 23 of the Banking Regulation Act, 1949  Relaxations in Branch Authorisation Policy Please refer to Governor™s Statement on taking office on September 04, 2013  (extract enclosed - Annex 1) regarding the proposal to completely free bank branching for… Read More

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