14 March 2013
banks business doesn't work like that RBI doesn't decide to close the branch if there is loss in rural areas many banks has branches which are in loss it depends on bank decision
15 March 2013
As a matter of policy, closure of even loss making branches at rural centres having a single commercial bank branch (excluding Regional Rural Bank branch) is not permitted, as closure would render the centre unbanked. The proposal for closure of a rural branch at a centre served by more than one commercial bank branch should be included in the ABEP after obtaining approval of District Consultative Committee (DCC).