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Now banks can shift, merge or shut branches, no need to take permission from RBI 07 August 2015
In a notification published on its website, RBI said that banks can “shift, merge or close all branches except rural branches and sole semi-urban branches at their discretion”. Shifting, merging or closing a branch in a rural area or a...
Keywords: RBI, automated teller machines, Urban bank branches, rural bank branches
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