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  • RBI, rural bank branches, now banks can shift merge or shut branches no need to take permission from rbi, Urban bank branches

    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: automated teller machines, mobile branches, rural bank branches, Urban bank branches

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