RBI/2007-2008/131
RPCD.CO.
RRB. No. BC.22 /03.05.90-A /2007-08 September
4, 2007 All
Regional Rural Banks Dear
Sir, Opening
of Extension Counters by RRBs Please
refer to paragraph 5 of our circular RPCD.CO.RRB.
No. BL. BC.09 /03.05.90-A/2007-08 dated July 2, 2007 on the captioned subject.
With a view to providing further liberalisation in the matter, it has been decided
to allow RRBs to set up Extension Counters at places of worship and market places.
The condition of being principal bankers would not apply in such cases. However,
RRBs shall be required to obtain necessary licence from the concerned Regional
Office of RBI (RPCD). Yours
faithfully, (Surekha
Marandi)
General Manager |