https://www.taxtmi.com/news?id=21719 The Reserve Bank's Branch Authorisation Policy permits scheduled commercial banks to open banking outlets nationwide without prior approval, subject to a mandated share of new outlets being located in unbanked rural centres; outlets in certain low-population or notified special districts are treated as equivalents. PMJDY implementation mapped villages into 1.59 lakh Sub-Service Areas, with banks reporting SSA coverage through branches and interoperable Bank Mitras, and annexures provide district and state-level data on accounts and deposits. en-us Wed, 17 Jul 2019 10:36:11 +0530 Wed, 17 Jul 2019 10:36:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21719 The Reserve Bank's Branch Authorisation Policy permits scheduled commercial banks to open banking outlets nationwide without prior approval, subject to a mandated share of new outlets being located in unbanked rural centres; outlets in certain low-population or notified special districts are treated as equivalents. PMJDY implementation mapped villages into 1.59 lakh Sub-Service Areas, with banks reporting SSA coverage through branches and interoperable Bank Mitras, and annexures provide district and state-level data on accounts and deposits. News - Wed, 17 Jul 2019 10:36:11 +0530 https://www.taxtmi.com/news?id=21719