A bank can open a branch only at the permission of the _______.
A
SBI
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B
RBI
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C
Government
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D
None of these
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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