Authorities Holding Public Auctions Must Disclose All Known Encumbrances and Related Litigation || SC: Compensatory Allowances Must Be Included While Computing Overtime Wages U/S 59 of Factories Act || SC: NGT Has No Jurisdiction to Decide Disputes Relating to Building Plan Violations || SC: Evidence is Often Fabricated Using AI And False Allegations are Rampant in Matrimonial Cases || SC: While Declining to Quash an FIR, A High Court Should Not Direct Police To Follow Section 41A CrPC || Allahabad High Court: Recruitment Rules Cannot Override Compassionate Appointments || Rajasthan HC: Single Blunt Blow Causing Grievous Injury is Not Attempt to Murder Without Intent || Karnataka High Court Holds Mining Leases Granted in Violation of Rule 22-D are Void Ab Initio || Supreme Court: Wait-Listed Candidates Have No Vested Right After List Expiry || SC: Reserved Candidates Scoring Above General Cut-Off Must be Considered For Open Posts

Section 23 of the Banking Regulation Act, 1949 - Relaxations in Branch Authorisation Policy.- (Reserve Bank of India) (06 Aug 2015)

MANU/RMIC/0339/2015

Banking

In order to allow banks greater operational freedom, the Reserve Bank of India reviewed instructions regarding merger, closure, shifting, part shifting, opening of extension counters and reporting requirements. The existing instructions have been dispensed with; banks can undertake the activities in accordance with the instructions in the notification.

Relevant : Liberalising and rationalising branch authorisation policy MANU/DBOD/0138/2013 Guidelines on opening of branches (2013) MANU/DBOD/0146/2013

Tags : BANK BRANCH OPENING POLICY

Share :