https://www.taxtmi.com/news?id=4312 General permission is granted to domestic Scheduled Commercial Banks (excluding regional rural banks) to open branches in smaller centres and to operate mobile branches in smaller centres without prior permission, subject to reporting. New private sector banks must maintain a substantial share of branches in rural and semi urban centres, and banks must allocate a mandated portion of proposed annual branch openings to unbanked rural centres, with branch opening decisions taken by banks based on business potential and viability. en-us Fri, 14 Dec 2012 17:07:33 +0530 Fri, 14 Dec 2012 17:07:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=4312 General permission is granted to domestic Scheduled Commercial Banks (excluding regional rural banks) to open branches in smaller centres and to operate mobile branches in smaller centres without prior permission, subject to reporting. New private sector banks must maintain a substantial share of branches in rural and semi urban centres, and banks must allocate a mandated portion of proposed annual branch openings to unbanked rural centres, with branch opening decisions taken by banks based on business potential and viability. News - Fri, 14 Dec 2012 17:07:33 +0530 https://www.taxtmi.com/news?id=4312