Hotline: 1800 102 2007
X
Search Business Opportunities
2009-10-26

RBI might allow banks to decide on branches

The Reserve Bank of India (RBI) may leave it to banks to open branches in rural and semi-urban centres. This step might be taken as a step towards liberalising its branch authorisation policy.

The Reserve Bank of India (RBI) may leave it to banks to open branches in rural and semi-urban centres. This step might be taken as a step towards liberalising its branch authorisation policy.

 

One of the major criteria for this will be the flow of credit to the small and medium businesses in the urban and semi urban areas and also the credit flow to the rural areas to ensure that it does not get concentrated only in the urban areas.

 

If the de-licensing happens it will no longer be compulsory for a bank to open branches in rural and semi urban centers to boost its application to get a license to open more branches in urban or high-income areas.

 

Presently, a bank has to take permission to open branches anywhere. Also RBI maintains a ratio of urban centre branches to rural/semi-urban ones which means a single branch in an urban area will require a certain number of branches to be opened in rural and semi-urban areas.

 

Related opportunities
  • Kids Entertainment Zones
    About Us: Little Kickers is UK’s biggest and most successful pre-school..
    Locations looking for expansion Oxon
    Establishment year 2002
    Franchising Launch Date 2002
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Blewbury Oxon
  • Become ASCENT ABACUS & BRAIN GYM franchisee today to be..
    Locations looking for expansion Haryana
    Establishment year 2003
    Franchising Launch Date 2005
    Investment size Rs. 50 K - 2lac
    Space required 300 sq. ft.
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Gurgaon Haryana
  • Quick Service Restaurants
    About: Flying Kukkad is primarily a dark kitchen concept that delivers..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: Café 2.o is café from Mumbai known for its..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities