We are hiring!

[Banking] 25% mandatory rural branches

edited July 2014 in SSC
The rule that banks set up at least 25 per cent of the total branches in rural areas has existed for decades, not many banks have followed this diktat.
Reference - http://www.thehindubusinessline.com/industry-and-economy/banking/banks-scurry-to-expand-presence-in-nonurban-areas/article5131702.ece#

Does not RBI has some penal provision to control this erratic bank branching expansion? If this mandate has not been followed hitherto, what obligates new banks to follow the same henceforth ?
Be popular not famous.
Sign In or Join to comment.
Success Stories from Our Toppers
Minal Karanwal(AIR-35)- CSE 2018
Naveen Reddy(AIR-1)- IFoS 2018
Arushi Mishra(AIR-2) - IFoS 2018
Chirag Jain(AIR-10) - IFoS 2018
Kshitij Saxena(AIR-22) - IFoS 2018
Sumit Rai (AIR-54) - CSE 2018
Anuraj Jain (AIR-24) - CSE 2018

Must Read Articles From Blog
Trend Analysis of UPSC CSE Prelims from 2011-18
How Yo_Yo_Choti_Singh Improved His Writing Speed
How to clear Civil Services with a TOP Rank and AVOID exhausting attempts


We are a secret self-moderated community for Civil Services preparation. Feel free to join, start a discussion, answer a question or just to say Thank you.

Just dont spread the word ;)

Sign in or join with Facebook or Google