Unbanked

RBI Notification – Branch Authorisation Policy- Front Loading of branches in unbanked rural centres

RBI/2012-13/511 DBOD.NO.BAPD.BC. 97/22.01.001/2012-13 May 28, 2013 Jyeshtha 7, 1934 (Saka) All Domestic Scheduled Commercial Banks (excluding RRBs) Madam/Dear Sir, Branch Authorisation Policy- Front Loading of branches in unbanked rural centres Please refer to paragraph 96 of Monetary Policy Statement 2013-14 (extract enclosed) on the above subject. As stated therein, branch expansion in rural areas is… Read More

Tags: Direct Benefit TransferElectronic Benefit TransferFinancial inclusionGovernment of IndiaIndiaMonetary policyRural areaUnbanked

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