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Question
A bank can open a branch only at the permission of the _______.
A bank can open a branch only at the permission of the _______.
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Solution
The correct option is A RBI
Ans :-Banks have to apply to RBI for set-up of new branches.
RBI has strict guidelines about the same keeping multiple factors in mind - type of bank, financial inclusion being done, location, density of banking needed etc
Ans :-
Banks have to apply to RBI for set-up of new branches.
RBI has strict guidelines about the same keeping multiple factors in mind - type of bank, financial inclusion being done, location, density of banking needed etc
RBI has strict guidelines about the same keeping multiple factors in mind - type of bank, financial inclusion being done, location, density of banking needed etc
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