Hotline: 1800 102 2007
Hotline: 1800 102 2007
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
  • Sweetshop
    About Us:  SweetSmith was conceived as India’s first dessert boutique, with..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • GPS navigaiton & tracking system
    About Us: trackNOW Pvt Ltd. is the brainchild of a pair..
    Locations looking for expansion Gujarat
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • Theme Restaurants
    About Us: Rang De Basanti Dhabha Centers around the idea of..
    Locations looking for expansion West bengal
    Establishment year 2012
    Franchising Launch Date 2018
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 2200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Kolkata West bengal
  • About Us:    Maple Lawn International offers franchisees under the brand Maple..
    Locations looking for expansion Andhra pradesh
    Establishment year 1950
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 2400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Shaikpet Andhra pradesh
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

Free Advice - Ask Our Experts