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