...........“Total number of branches in tier -1 center’s can’t exceed the number of branches opened in tier-2 to tier-6 centers during a year”, RBI said in a circular to the banks. As a incentive to open rural branches, the banks would be permitted to open equal number of branches in tier – 1 centers which they open in under-banked districts of under-banked states excluding the mandatory 25% branches. .............
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