Press Information Bureau
Government of India
Ministry of Finance
11-April-2017 18:02 IST
To promote financial inclusion and to extend the banking network in unbanked areas, general permission has been granted by Reserve Bank of India (RBI) to domestic Scheduled Commercial Banks including Public Sector Banks (excluding Regional Rural Banks) to open branches at any place in the country, without seeking prior approval of RBI in each case, subject to at least 25 percent of the total number of branches opened during a financial year being opened in unbanked rural (Tier 5 and Tier 6) centres (population up to 9,999). RBI has also specified that the total number of branches opened in Tier 1 centres (population 1,00,000 and above) during the financial year cannot exceed the total number of branches opened in Tier 2 to Tier 6 centres (population up to 99,999) and all centres in the North Eastern States and Sikkim.
Number of branches opened by Public Sector Banks in rural, semi-urban, urban and metropolitan centres for financial year 2013-14, 2014-15, 2015-16 and 2016-17 (up to 31.12.2016) are as under:
Population Group | 2016-17 (till 31.12. 2016) | 2015-16 | 2014-15 | 2013-14 |
Rural | 435 | 1,067 | 1,992 | 3,076 |
Semi-Urban | 366 | 946 | 1,683 | 2,418 |
Urban | 323 | 617 | 1,064 | 1,247 |
Metropolitan | 325 | 666 | 924 | 1,101 |
All India | 1,449 | 3,296 | 5,663 | 7,842 |
State Bank of India (SBI) has informed that 20 representations were received for opening the branches under Saansad Adarsh Gram Yojana, and survey has been conducted for all 20 branches. State-wise details are at Annex. SBI has not indicated any time by which new branches are likely to be opened.
“Opening of new branches of SBI in villages under Saansad Adarsh Gram Yojana”.
Sl.No. | Centre | District | State | Details |
1. | Golarhat | Kendrapada | Odisha | Branch opened on 25.05.2016 |
2. | Tapri Kalan & Tikri Khurd | Saharanpur | Uttar Pradesh | Branch opening at that centre not found viable |
3. | Biharigarh | Saharanpur | Uttar Pradesh | Branch opening found viable in survey report. |
4. | Okhaldunga | Nainital | Uttarakhand | Branch opening found viable in survey report. |
5. | Chamandkhan | Almorah | Uttarakhand | Branch opening at that centre not found viable |
6. | Bhareri | Hamirpur | Himachal Pradesh | Branch opening at that centre not found viable |
7. | Behal Nawanny (Bifalghat) | Bilaspur | Himachal Pradesh | Branch opening at that centre not found viable |
8. | Jaihar | Sirmour | Himachal Pradesh | Branch opening at that centre not found viable |
9. | Thumpala | Visakhapatnam | Andhra Pradesh | Branch opening found viable in survey report. |
10. | Bagga, Chauwan | Udham Singh Nagar | Uttarakhand | Branch opening at that centre not found viable |
11. | Ukhimath | Rudraprayag | Uttarakhand | Branch opening at that centre not found viable |
12. | Phalodi | Jodhpur | Rajasthan | Branch opening at that centre not found viable |
13. | Sanganer | Jaipur | Rajasthan | Branch opening at that centre not found viable |
14. | Pilibanga | Hanumangarh | Rajasthan | Branch opening at that centre not found viable |
15. | Pipramaff | Mahoba | Uttar Pradesh | Branch opening at that centre not found viable |
16. | Bharat Bhari | Siddharthnagar | Uttar Pradesh | Branch opening at that centre not found viable |
17. | Rahpura Jagir village | Bareilly | Uttar Pradesh | Branch opening at that centre not found viable. However, Business Correspondent provided for customer service. |
18. | Chiephobozou | Kohima | Nagaland | Branch opening at that centre not found viable. Re-survey to assess the feasibility of opening the branch being conducted. |
19. | Maram | Senapati | Manipur | Branch opening at that centre not found viable |
20. | Kishunpur | Palamou | Jharkhand | Branch opening found viable in survey report. |
Source: State Bank of India
This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.
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DSM/KA
Branch licensing flexibility allows banks to open branches without prior approval, subject to rural minimums and distribution limits. Reserve Bank of India authorized domestic Scheduled Commercial Banks, including Public Sector Banks (excluding Regional Rural Banks), to open branches nationwide without prior RBI approval, subject to a minimum rural branch opening requirement and a restriction capping Tier 1 branch openings relative to Tier 2-6 and North Eastern/Sikkim centres; Public Sector Banks' recent branch opening figures and SBI survey outcomes under Saansad Adarsh Gram Yojana report mixed viability results for proposed village branches.
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