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Now banks can shift, merge or shut branches, no need to take permission from RBI 07 August 2015
In a notification published on its website, RBI said that banks can “shift, merge or close all branches except rural branches and sole semi-urban branches at their discretion”. Shifting, merging or closing a branch in a rural area or a...
Keywords: automated teller machines, rural bank branches, rural bank branches, Urban bank branches
Read MoreATMs in post offices: AP gets lion’s share 26 April 2012
Pilot said that remaining 180 Post Offices will be identified during implementation phase. Of these a maximum 100 ATMs would be set up in Andhra Pradesh. The Minister of State for Communications and Information Technology Sachin Pilot said in the...
Keywords: Post Offices, Sachin Pilot, Head Post Offices, 100 ATMs in Andhra Pradesh
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