https://www.taxtmi.com/news?id=16381 Domestic Scheduled Commercial Banks may open branches nationwide without prior RBI approval, provided at least 25 percent of new branches in a financial year are in unbanked rural centres (Tier 5 and Tier 6), and annual branch openings in Tier 1 centres do not exceed openings in Tier 2-Tier 6 centres plus centres in the North Eastern States and Sikkim; branch opening remains a commercial decision guided by the RBI branch opening policy. en-us Wed, 20 Jul 2016 09:47:39 +0530 Wed, 20 Jul 2016 09:47:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16381 Domestic Scheduled Commercial Banks may open branches nationwide without prior RBI approval, provided at least 25 percent of new branches in a financial year are in unbanked rural centres (Tier 5 and Tier 6), and annual branch openings in Tier 1 centres do not exceed openings in Tier 2-Tier 6 centres plus centres in the North Eastern States and Sikkim; branch opening remains a commercial decision guided by the RBI branch opening policy. News - Wed, 20 Jul 2016 09:47:39 +0530 https://www.taxtmi.com/news?id=16381