https://www.taxtmi.com/news?id=2224 Policy grants general permission to scheduled commercial banks (excluding RRBs) to open branches and service offices in Tier 3-Tier 6 and in North-Eastern States and Sikkim subject to reporting; Tier 1-Tier 2 branch openings require prior RBI approval and are to be sought through the Annual Branch Expansion Plan. Banks may install off-site and mobile ATMs without prior permission, subject to reporting, and must allocate at least 25 percent of proposed branch openings in the ABEP to unbanked rural (Tier 5 and Tier 6) centres. en-us Wed, 07 Sep 2011 19:05:54 +0530 Wed, 07 Sep 2011 19:05:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=2224 Policy grants general permission to scheduled commercial banks (excluding RRBs) to open branches and service offices in Tier 3-Tier 6 and in North-Eastern States and Sikkim subject to reporting; Tier 1-Tier 2 branch openings require prior RBI approval and are to be sought through the Annual Branch Expansion Plan. Banks may install off-site and mobile ATMs without prior permission, subject to reporting, and must allocate at least 25 percent of proposed branch openings in the ABEP to unbanked rural (Tier 5 and Tier 6) centres. News - Wed, 07 Sep 2011 19:05:54 +0530 https://www.taxtmi.com/news?id=2224