Master Circulars


(542 kb)
RRBs - Master Circular on Branch Licensing

RBI/2014-15/81
RPCD.CO.RRB.No.BL.BC.4/03.05.90/2014-15

July 1, 2014

The Chairman
All Regional Rural Banks

Dear Sir,

Master Circular on Branch Licensing

Please refer to the Master Circular RPCD.CO.RRB.No.BL.BC.08/03.05.90/2013-14 dated July 1, 2013 consolidating instructions/guidelines issued to banks on Branch Licensing till June 30, 2013. The Master Circular has been suitably updated by incorporating the instructions issued upto June 30, 2014. A copy of the updated Master Circular is enclosed. The Master Circular has also been placed on the RBI website (http://www.rbi.org.in)

Yours faithfully,

(A.Udgata)
Principal Chief General Manager


Master Circular on
Branch Licensing - Regional Rural Banks (RRBs)

Index

1.

Legal Requirements

 

1.1

General Policy on Branch Licensing

 

1.2

Conditions for Opening of New Branches

 

1.3

Relaxation in Branch Licensing Policy

2.

Opening of Branches / Regional Offices

 

2.1

Branches at Rural / Semi Urban / Urban and Metropolitan Centres

 

2.2

Service Branch

 

2.3

Regional Offices

 

2.4

Validity of Authorisations and Licenses

 

2.5

Requirement for Conduct of Government Business

3.

Shifting of Branches

 

3.1

At Rural Centres

 

3.2

At Semi-Urban Centres

 

3.3

At Urban / Metropolitan Centres

 

3.4

Procedural Rationalisation

4.

Conversion of Full-fledged Branches into Satellite / Mobile Offices

 

4.1

Satellite Offices

 

4.2

Mobile Offices

5.

Opening of Extension Counters

6.

Upgradation of Extension Counters into Full-fledged Branches

7.

Automated Teller Machines

8.

Ultra Small Branches

9.

Business Facilitator / Business Correspondent Model

10.

Merger of Loss Making Branches

11.

Classification / Reclassification of Centres

12.

Submission of Returns on Branch Banking

13.

Annex I

14.

Annex II

15.

Annex III

16.

Annex IV

17.

Annex V

18.

Appendix

1. Legal Requirements

The opening of branches by banks is governed by the provisions of Section 23 of the Banking Regulation Act, 1949. In terms of these provisions, banks cannot open a new place of business in India or abroad or change otherwise than within the same city, town or village, the location of the existing place of business without the prior approval of the Reserve Bank of India (RBI). Thus, it is mandatory for RRBs to seek prior approval / licence from Rural Planning and Credit Department (RPCD) of RBI before opening of new branches / offices.

1.1. General Policy on Branch Licensing

  1. The Boards of Directors of RRBs are required to decide on the policy and strategy for setting up new branches, taking into account the yearly business plan, potential for business and profitability of the proposed branches, efficacy of the internal control system, redeployment of staff where surplus manpower has been identified, extension of prompt and cost-effective customer service to the clientele etc.

  2. RRBs should obtain prior approval of their Boards of Directors before applying for opening / merger / shifting / conversion of branches / offices etc. No separate approval of the sponsor bank is required. Further, approval of the sub-group of District Consultative Committee (DCC) will also not be required for opening of branches. However, in case of shifting / merger / conversion of branches, approval of the sub-group of DCC will be required.

  3. RRBs should submit applications to the concerned Regional Office of the Reserve Bank, through the respective Regional Office of NABARD in the prescribed application Form VI (Rule 12) of Banking Companies Rules, 1949 (Annex I), which will give its comments on the merits of the application. The RRBs should forward an advance copy of the application to the concerned Regional Office of the Reserve Bank.

  4. In order to expedite the process of disposal of applications powers have been delegated  to the Regional Offices of the Reserve Bank to take a decision on the applications of RRBs for opening, shifting, merger or conversion of branches without reference to the concerned Empowered Committees(ECs). If required, the Regional Offices of the Reserve Bank may consult the concerned State Government.

  5. RRBs are required to obtain prior approval of RBI for opening  new branches in Tier 1  centres. The applications will be considered on a very selective basis on merits of each case. In addition to the conditions laid down in para 1.2, the overall financial position of the RRB, quality of its management, efficacy of the internal control system, CBS compliance and other relevant factors will be considered by RBI.

  6. RRBs are permitted to open branches in Tier 2 to Tier 6 centers (with population of up to 99,999 as per Census 2001 - details of classification of centers tier-wise furnished in Annex IV) without having the need to take prior permission from Reserve Bank of India in each case, subject  to reporting, provided they fulfill the conditions laid down in para 1.3. RRBs which do not satisfy the said conditions may approach the Regional Office of RBI for prior approval. Their applications will be considered on the basis of conditions laid down in para 1.2.

  7. There is a need to step up the opening of branches in unbanked rural centres in order to meet the objectives of increasing banking penetration and financial inclusion rapidly. It is also vitally important to meet the targets set out for providing banking services in all villages by opening more number of brick and mortar branches in unbanked rural centres, besides the use of Business Correspondents.

  8. RRBs should allocate at least 25 percent of the total number of branches proposed to be opened during a year in unbanked rural (Tier 5 and Tier 6) centres. An unbanked rural centre would mean a rural (Tier 5 and Tier 6) centre that does not have a brick and mortar structure of any scheduled commercial bank for customer based banking transactions.

  9. In order to take financial inclusion to the next stage of providing universal coverage and facilitating Electronic Benefit Transfer (EBT), RRBs are advised to draw up the next Financial Inclusion Plan (FIP) for the period 2013-16.

  10. RRBs are further, advised that they may consider front-loading (prioritising) the opening of branches in unbanked rural centres over a 3 year cycle co-terminus with their FIP(2013-16) to facilitate speedier branch expansion in unbanked rural centres for ensuring seamless roll out of the Direct Benefit Transfer (DBT) / EBT Scheme of the Government of India,. The requirement of allocating at least 25 per cent of total number of branches proposed to be opened during a year in unbanked rural (Tier 5 and Tier 6) centres will continue. Credit will be given for branches opened in unbanked rural centres in excess of 25 per cent in a year which will be carried forward to the subsequent year of the FIP.

1.2 Conditions for Opening of Branches with Prior Approval of RBI

RRBs should fulfill the following conditions, to become eligible to open new branch/es :

(i) No default in maintenance of SLR and CRR during the last two years;

(ii) Operational profits are being made;

(iii) Net worth shows improvement;

(iv) Net NPA ratio does not exceed 8 per cent.

1.3 Relaxation in Branch Licensing Policy

RRBs are permitted to open branches in Tier 2 to Tier 6 centers (with population of up to 99,999 as per Census 2001 - details of classification of centers tier-wise furnished in Annex IV) without having the need to take permission from Reserve Bank of India in each case, subject  to reporting, provided they fulfill the following conditions as per the latest inspection report :

i) CRAR of at least 9%;

ii) Net NPA  ratio less than 5%;

iii) No default in CRR / SLR for the last year;

iv) Net profit in the last financial year;

v) CBS compliant

RRBs eligible to open branches in Tier 2 to Tier 6 centres may do so without prior approval of RBI and approach the Regional Office of RBI for, post-facto automatic, issue of the licence/s. The licence should be displayed in the premise of the branch so opened for information of its customers / public to instill confidence in them that the bank branch is authorized to conduct banking business. The details of the branches thus opened should be reported, in the prescribed format (Annex V), to the concerned Regional Office of RBI (RPCD) and Department of Statistics and Information Management (DSIM) as stated in para 12(iii) of the Master Circular.

2. Opening of Branches / Regional Offices

2.1. Branches at Rural / Semi-Urban / Urban and Metropolitan Centres

RRBs can identify rural centres (population up to ten thousand), semi-urban centres (population more than ten thousand but up to one lakh), urban centres (population more than one lakh but up to ten lakh) and metropolitan centres (population more than ten lakh) for opening of branches depending upon the business potential and profitability of the proposed branches.

Note : Population criteria mentioned above will be as per the latest census report figures of the centre (revenue unit and not locality).

2.2 Service Branch

RRBs may be allowed to set up Service Branches / Central Processing Centres (CPCs) / Back Offices exclusively to attend to back office functions such as data processing, verification and processing of documents, issuance of cheque books, demand drafts etc. and other functions incidental to their banking business. These offices should have no interface with customers and would not be allowed to be converted into General Banking branches. These offices would be treated on par with a branch and RRBs shall be required to obtain necessary licence from the concerned Regional Office of RBI (RPCD).

2.3 Regional Offices

RRBs will be allowed to open one Regional Office (RO) for every 50 branches. RRBs having up to 50 branches will be under the direct control of the Head Office, without any intermediate tier. The cases of RRBs, which require relaxation in the above norm in regard to the number of branches to be covered by one RO due to geographical / other conditions, will be examined by the EC and referred to Central Office, RPCD for consideration.

The ROs are not permitted to transact any banking business. However, RRBs are required to obtain licences from the concerned Regional Office of RBI (RPCD) prior to functioning / opening of these offices. RRBs can either shift or close / merge these offices at their discretion without prior approval of RBI, but they are required to ensure that the licence is submitted to the concerned Regional Office of RBI (RPCD) for getting the new address incorporated in the licence at the earliest, but not later than three months from the date of shifting. As regards closure / merger of such offices, the licence has to be surrendered to the concerned Regional Office of RBI (RPCD) for cancellation immediately after the closure / merger of the office under advice to the DSIM of RBI.

2.4. Validity of Authorisations and Licences

Presently authorisations are issued to RRBs for opening of branches based on the requests received from them (through NABARD) on the merits of each case. With a view to ensuring expeditious utilisation of authorisations and actual establishment of the branch, it has been decided to limit the validity of the authorisation to a maximum period of two years.

RRBs are required to obtain necessary licence prior to the opening of an office / branch from the concerned Regional Office of RBI (RPCD). It is observed that some RRBs take unduly long time to approach the Regional Offices for grant of a licence after the authorisation has been issued. It is also observed that some RRBs obtain a licence, but do not open the branch for a considerable period of time and approach the Regional Offices for revalidation of the licences time and again. RRBs should, therefore, approach the Regional Office for issue of a licence only after the infrastructure is ready for opening of the office / branch.

Further, RRBs often approach for approval for change in name of a branch due to change in name of the locality or street / road where the branch is located. Since there is no change in location of the branch, banks need not seek approval or approach for amendment to licence in the matter, but intimate the change to the concerned Regional Office of RBI (RPCD) and DSIM, Mumbai. Changes may also take place due to change in name of taluk / district or reorganisation of districts or formation of new States. Under such circumstances, too, RRBs need not forward the relevant licence/s to the Regional Office for amendment and may adopt the changed name on the basis of Government Notification, under advice to the concerned Regional Office of RBI (RPCD) and DSIM, Mumbai.

In case any alteration in any name is to be made for avoiding confusion between branches of various banks bearing the same name in the same locality or on account of other justifiable circumstances, such requests should be addressed to the concerned Regional Office of RBI (RPCD) and while forwarding such requests, the relative licences, together with the covering letters, should also be sent.

2.5. Requirement for Conduct of Government Business

RRBs are permitted to undertake State Government business as sub-agents of the Sponsor Bank with the prior approval from the concerned State Government and RBI. The Sponsor Bank should submit the proposal to the concerned Regional Office of RBI in accordance with DGBA guidelines issued vide circular DGBA.GAD.No.H.15327/31.01.004/2006-07 dated April 19, 2007, for issue of necessary authorisation.

3. Shifting of Branches

3.1 At Rural Centres

The shifting of branches in rural centres may be effected by RRBs themselves without obtaining the prior approval of RBI, subject to the condition that both the existing and proposed centres are within the same block, and that the relocated branch would be able to cater adequately to the banking needs of the villages served by the existing branch.

3.2 At Semi-Urban Centres

RRBs may shift their branches at semi-urban centres within the same locality / municipal ward without the prior approval of RBI. It should, however, be ensured that the locality / ward is not rendered unbanked due to the shifting of branch/es.

3.3 At Urban / Metropolitan Centres

RRBs may shift their branches in urban / metropolitan centres within the same locality / municipal ward without the prior approval of RBI.

Regarding shifting of branches outside the locality / municipal ward at Semiurban / Urban / Metropolitan centres, RRBs have to obtain prior approval of the concerned Regional Office of RBI (RPCD).

3.4. RRBs may shift their branches as indicated above (paras 3.1 to 3.3), but ensure that the licence of the branch is submitted to the concerned Regional Office of RBI (RPCD) for getting the new address incorporated therein at the earliest but not later than three months from the date of the shifting of the branch.

4. Conversion of Full-fledged Branches into Satellite / Mobile Offices

RRBs may themselves decide the need for conversion of the existing loss making branches into satellite / mobile offices keeping in view the cost-benefit aspect, the likely inconvenience that may be caused to the existing clientele, the effect of the conversion on the performance in the preparation of district credit plan and priority sector lending. With a view to providing better customer service in rural areas, RRBs may also convert their satellite offices into full-fledged branches after obtaining concurrence from the EC and RRBs should also obtain necessary licence from the concerned Regional Office of RBI (RPCD).

4.1 Satellite Offices

The following guidelines may be followed by the RRBs in respect of satellite offices :

a) The satellite office should be established at fixed premises in the surrounding villages. It  should be controlled and operated from a base branch located at central village / block headquarters.

b) Each satellite office should function on a few specified days (at least twice) in a week at specified hours.

c) All types of banking transactions may be conducted at the satellite office.

d) The customers of the satellite office may be permitted to transact business at the base branch on non-operating days of such office.

e) While separate ledgers / registers / scrolls may be maintained for each satellite office, all the transactions carried out thereat should be incorporated in the books of account of the base branch.

f) The staff attached to the base branch, preferably consisting of a member of supervisory staff, a cashier-cum-clerk and an armed guard, may be deputed to the satellite office.

g) Adequate arrangements for insurance of furniture, cash-in-transit, etc. may be made.

Conversion of branches into satellite offices at centres other than rural is not permissible

4.2. Mobile Offices

The scheme of mobile offices envisages the extension of banking facilities through a well protected van with arrangements for two or three officials of the bank sitting in it with books, safe containing cash, etc. The mobile unit would visit the places proposed to be served by it on certain specified days / hours. The mobile offices would be attached to a branch of the RRB. The mobile office/s should not visit the rural places which are served by co-operative banks and places served by regular offices of commercial banks.

5. Opening of Extension Counters

RRBs, with the approval of their Boards of Directors, can open extension counters at the premises of the institutions of which they are principal bankers after obtaining a licence from the concerned Regional Office of RBI (RPCD) for the purpose. An extension counter can be opened within the premises of big offices / factories, hospitals, military units, educational institutions, residential colonies, shopping complexes where there is a large complement of staff / workers, students, who because of their identical working hours and non-availability of banking facilities at a reasonable distance find it difficult to carry out their banking transactions. Apart from above, RRBs can also set up extension counters after obtaining licence from the concerned Regional Office of RBI (RPCD) at places of worship and market places. The condition of being principal bankers however would not apply in such cases.

The extension counter should carry out limited type of banking business, such as :

- deposit / withdrawal transactions

- issuing and encashment of drafts and mail transfers

- issue and encashment of travellers cheques

- sale of gift cheques

- collection of bills

- advances against fixed deposits of their customers (within the sanctioning power of the concerned officials at the extension counter)

- facility of safe deposit locker (provided adequate security arrangements are made).

Further, if the extension counter proposes to undertake government business, it would require prior approval from the concerned Government authority and RBI as stipulated under paragraph 2.5 above.

RRBs should furnish particulars of the proposed extension counters in Parts I and II of the format, given in Annex II, to the concerned Regional Offices of RBI (RPCD), while applying for a licence prior to opening of the extension counter.

6. Upgradation of Extension Counters into Full-fledged Branches

6.1 RRBs should approach the concerned Regional Office of RBI (RPCD) for prior approval for upgrading an extension counter into a full-fledged branch. The proposal is considered if the following conditions are fulfilled :

- The extension counter has been functioning for a minimum period of five years.

- The number of deposit accounts exceeded 2000 during the last one-year.

- The average deposits (i.e. on a monthly basis) for the last three years are not less than Rs.2 crore.

6.2 The proposals, wherein the above conditions are not fulfilled entirely but otherwise the concerned extension counters have grown so as to be fit for conversion into branches, are considered on merit.

7. Automated Teller Machines (ATMs)

7.1 RRBs need not obtain permission of RBI for installation of ATMs at branches and extension counters for which they hold licences issued by RBI. RRBs should, however, report to the concerned Regional Office of the Reserve Bank (RPCD) and DSIM as and when an ATM is installed at a branch or an extension counter.

7.2 In case any RRB wishes to set up an off-site ATM in its area of operation, it may do so after assessing the cost and benefit. Prior approval of RBI need not be obtained, but on opening of such ATMs, RRBs should immediately inform the respective Regional Office of the Reserve Bank (RPCD) for the purpose of getting a formal authorisation for the place of business.

8. Ultra Small Branches

An intermediate brick and mortar structure (Ultra Small Branch) may be set up between the base branch and Business Correspondent (BC) locations so as to provide support to about 8-10 BC Units at a reasonable distance of 3-4 kilometres. These could be either newly set up or by conversion of the BC outlets. Such Ultra Small Branches should have minimum infrastructure such as a Core Banking Solution (CBS) terminal linked to a pass book printer and a safe for cash retention for operating large customer transactions and would have to be managed full time by bank officers / employees. It is expected that such an arrangement would lead to efficiency in cash management, documentation, redressal of customer grievances and close supervision of BC operations. These could be satellite offices or regular branches as the case may be and licences may be issued, as required, depending on the status, in accordance with the branch licencing policy.

9. Business Facilitator / Business Correspondent Model

With the objective of ensuring greater financial inclusion and increasing the outreach of the banking sector, Regional Rural Banks (RRBs) have been permitted to use the services of intermediaries in providing financial and banking services through the use of Business Facilitator / Business Correspondent Model as per the guidelines issued by DBOD in this regard. The list of circulars issued by DBOD and RPCD is included in the ‘Appendix-List of circulars’.

10. Merger of Loss making Branches

Where two loss making branches of any RRB are in close proximity to each other (i.e. within a distance of about 5 kms.), the RRB may consider merging the two branches with a view to rationalising the spatial spread and reducing establishment / operating costs.

11. Classification / Re-classification of Centres

RRBs are advised to ascertain the population group classification of the centres of which they are not sure, from RBI, DSIM, Banking Statistics Division, C-8/9, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 before approaching RPCD for opening of new branches. Any query with regard to reclassification of centres also may be referred to DSIM by the Head Office of the RRB along with relevant documents such as Gazette Notifications, etc. in support of the change.

12. Submission of Returns on Branch Banking

(i) Immediately on opening of a place of business, all RRBs are required to inform the date of opening and the postal address of the office / branch to the Central Office and the concerned Regional Office of RPCD.

(ii) In terms of Rule 13 of the Banking Regulations (Companies) Rules, 1949, the RRB is required to submit a list relating to its offices in India in Form VII within a period of one month from the close of every quarter to the office of RBI situated in the state in which its Head Office is located.

(iii) Further, RRBs should submit returns in the Proformae given in Annex III, as advised in Circular RPCD.CO.RRB.BL.BC.10/03.05.90A/2005-06 (RBI/2005-06/46) dated July 6, 2005, relating to the new offices / branches opened and change in status due to merger, etc. of existing offices / branches effected during the quarter to DSIM (Banking Statistics Division) and the concerned Regional Office of RPCD within 14 days of the month succeeding the quarter to which they relate. While submitting the current quarter Returns, the previous quarter's reference must be quoted in the forwarding letter. 'Nil' Returns must be sent to DSIM and the concerned Regional Office of RPCD in case there is nothing to report on opening / closing / change in status, etc., of any office / branch / NAIO (Not Administratively Independent Offices like Extension Counters, Satellite Offices, ATMs, etc.) during a quarter.


Annex IV

(Paragraph 1.3)

Details of Tier-wise Classification of Centers Based on Population

(i)

Classification of centers (tier-wise)

Population (as per 2001 census)

Tier 1

1,00,000 and above

Tier 2

50,000 to 99,999

Tier 3

20,000 to 49,999

Tier 4

10,000 to 19,999

Tier 5

5,000 to 9,999

Tier 6

Less than 5000

(ii)

Population-group wise classification of centers

Rural center

Population upto 9,999

Semi-urban Center

From 10,000 to 99,999

Urban Center

From 1,00,000 to 9,99,999

Metropolitan Center

10,00,000 and above


Annex V

(Paragraph 1.3)

Name of the Regional Rural Bank :

Report of branches opened in Tier 2-6 Centres without prior approval of RBI consequent to relaxations - Status as at the end of quarter

Sl. No

Name of the Sponsor Bank

Details of branch opened Name of the District Block Village

Date of opening the branch

Reference and Date of application for licence to RBI

Date of issuance of licence by RBI

1

2

3

4

5

6

           
           
           
           

Appendix

List of Circulars consolidated by the Master Circular

No.

Circular No.

Date

Subject

1

RBI/2013-14/570 RPCD.FID.BC.No.96/12.01.011/2013-14

22.4.2014

Scaling up of the Business Correspondent (BC) Model – Issues in Cash Management

2

RBI/2013-14/212 DBOD.No.BAPD.BC.46/22.01.009/2013-14

2.9.2013

Financial Inclusion by Extension of Banking Services – Use of Business Correspondents for Distribution of Banknotes and Coins – Alternative Avenues

3

RBI/2013-14/175 RPCD.CO.RRB.BC.No.18/03.05.33/2013-14

7.08.2013

Frontloading of Branches in Unbanked Rural Areas

4

RBI/2012-13/283
RPCD.CO.RRB.BC.No.43/03.05.90/2012-13

6.11.2012

Branch Licensing Policy – Opening of Branches in Unbanked Rural Centres

5

RBI/2012-13/281
RPCD.CO.RRB.BL.BC.No.42/03.05.90/2012-13

2.11.2012

Master  Circular on Branch Licensing-Regional Rural Banks – Amendment

6

RBI/2011-12/158
RPCD.CO.RRB.BL.BC.No.19/03.05.90/2011-12

1.08.2012

Relaxation in Branch Licensing Policy – Tier 2 Centres

7

RBI/2011-12/157
RPCD.CO.RRB.BL.BC.No.18/03.05.90/2011-12

1.08.2012

Simplification of the Procedure for Branch Licensing

8

RBI/2012-13/84
RPCD.CO.RRB.BL.BC.No.05/03.05.090/2012-13

2.07.2012

Sec 23 of Banking Regulation Act 1949-Master Circular on Branch Licensing-Regional Rural Banks

9

RBI/2012-13/77
DBOD.No.BL.BC.26/22.01.001/2012-13

2.07.2012

Sec 23 of Banking Regulation Act 1949-Master Circular on Branch Authorisation

10

RBI/2011-12/566
DBOD.No.BL.BC.105/22.01.009/2011-12

17.05.2012

Financial Inclusion - Use of Business Correspondents

11

RBI/2011-12/425
DBOD.No.BL.BC.82/22.01.009/2011-12

2.03.2012

Financial Inclusion by Extension of Banking Services-Use of Business Correspondents(BCs)

12

RBI/2010-451
RPCD.CO.RRB.BC.No.56/03.05.90A/2010-11

29.03.2011

Section 23 of Banking Regulation Act, 1949- Relaxations in Branch Licensing Policy

13

RBI/2010-283
RPCD.CO.RRB.BC.No.28/03.05.90A/2010-11

18.11.2010

Section 23 of the Banking Regulation Act, 1949- Relaxations in Branch Licensing Policy

14

RBI/2010-11/217
DBOD.No.BL.BC.43/22.01.009/2010-11

28.09.2010

Financial Inclusion by Extension of Banking Services-Use of Business Correspondents(BCs)

15

RBI/2009-2010/306
RPCD.CO.RRB.No.BC.54/03.05.90A/2009-10

05.02.2010

Policy for opening of Regional Offices by RRBs

16

RBI/2008-09/504
RPCD.CO.RRB.BCNo.114/03.05.90-A/2008-09

18.06.2009

"Controlling Office" renamed as "Regional Office"- RRBs

17

RBI/2008-2009/468
RPCD.CO.RRB.BC.No.101/03.05.90-A/2008-09

04.05.2009

"Controlling Office" renamed as "Regional Office"- RRBs

18

RBI/2008-2009/285
RPCD.CO.RRB.BC.No.61/03.05.90-A/2008-09

17.11.2008

Mid-Term Review of annual policy for the year 2008-09 Branch Licensing - Regional Rural Banks- Further Liberalization-Conditions for opening of new branches.

19

RPCD.CO.RRB.No.BC.28/03.05.90A/2007-08

09.10.2007

Opening of Controlling Offices by amalgamated RRBs

20

RPCD.CO.RRB.No.BC.25/03.05.90-A/2007-08

21.09.2007

Opening, shifting, merger and conversion of branches of RRBs - Dispensing with Service Area Obligations

21

RPCD.CO.RRB.No.BC.24/03.05.90-A/2007-08

13.09.2007

Conversion of Satellite Offices into full-fledged branch - RRBs

22

RPCD.CO.RRB.No.BC.22/03.05.90-A/2007-08

04.09.2007

Opening of Extension Counters by RRBs

23

RPCD.CO.RRB.No.BL.BC.09/03.05.90-A/2007-08

02.07.2007

Section 23 of Banking Regulation Act 1949 - Master Circular on Branch Licensing - RRBs

24

RPCD.CO.RRB.No.BC.105/03.05.90-A/2006-07

22.06.2007

Section 23 of Banking Regulation Act 1949 -Master Circular on Branch Licensing - RRBs

25

RPCD.CO.RRB.No.BC.102/03.0590-A/2006-07

15.06.2007

Section 23 of the Banking Regulation Act, 1949 - Master Circular on Branch Licensing - RRBs

26

RPCD.CO.RRB.BL.BC.90/03.05.90-A/2005-06

13.06.2006

Annual Policy Statement for the year 2006-07-Liberalisation and simplification of branch licensing policy for RRBs.

27

RPCD.CO.No.RRB.BC.57/03.05.33(F)/2005-06

27.12.2005

Special package for RRBs.

28

RPCD.CO.RRB.BL.BC.10/03.05.90A/2005-06

06.07.2005

Branch Banking Statistics- Submission of Quarterly Returns-Revision of Proforma -I & II.

29

DBOD.No.BL.BC.23/22.01.001/2000-01

12.09.2000

Opening of branches / extension counters / shifting etc. Obtention of prior licence.

30

DBOD.BC.No.127/12.05.005/99-2000

30.11.1999

Rationalisation of Returns submitted by banks to RBI.

31

DBOD.No.BL.BC.74/22.01.001/98

29.07.1998

Shifting of Rural branches outside the Block / Service Area.

32

DBOD.No.BL.BC.115/22.06.001/97

21.10.1997

Branch Banking Statistics - Submission of Monthly Returns - Revision of Proforma II & III.

33

RPCD.RRB.No.BC.111/03.05.65/96-97

22.03.1997

Opening of branches by RRBs.

34

DBOD.No.BC.64/22.01.001/95

05.06.1995

Relocation of loss-making branches and rationalisation of branch network of RRBs.


Server 214
Top