General
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 March 2013
suppose Any bank making huge losses and so RBI decided to close that particular branch.
Whether Decision of RBI is correct or not???
If incorrect then Why????
Whether Decision of RBI is correct or not???
If incorrect then Why????
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
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).
For Detail, Pls Read Master Circular - Branch Authorisation
RBI/2012-13/77
DBOD.No. BL.BC. 26 /22.01.001/2012-13
For Detail, Pls Read Master Circular - Branch Authorisation
RBI/2012-13/77
DBOD.No. BL.BC. 26 /22.01.001/2012-13
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- Tds on building rent monthly
- Event company query
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
Trending Online Classes
CAclubindia
