Conversion of Satellite Offices into full-fledged branch - RRBs - আৰবিআই - Reserve Bank of India
Conversion of Satellite Offices into full-fledged branch - RRBs
RBI/2007-2008/136 September 13, 2007 All Regional Rural Banks Dear Sir, Conversion of Satellite Offices into full-fledged branch - RRBs Please refer to paragraph 4 of our circular RPCD.CO.RRB.No BL.BC.09 /03.05.90-A/2007-08 dated July 2, 2007 permitting RRBs to convert their existing loss making branches into satellite offices. With a view to providing better customer service in rural areas, it has been decided to allow RRBs to convert their satellite offices into full-fledged branches after obtaining concurrence from the Empowered Committee on RRBs. RRBs should also obtain necessary licence from the concerned Regional Office of RBI (RPCD). Yours faithfully, (C.S.Murthy) |