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Home News News and Press Release Month 4 2017 2017 (4) This

Opening of new branches by PSUs

11-4-2017
  • Contents

Press Information Bureau

Government of India

Ministry of Finance

11-April-2017 18:02 IST

To promote  financial  inclusion and  to extend  the  banking  network  in unbanked  areas, general  permission has  been  granted  by  Reserve  Bank of  India (RBI)  to domestic  Scheduled  Commercial  Banks including Public  Sector Banks (excluding Regional  Rural  Banks)  to  open branches  at  any place  in the country, without  seeking  prior  approval of  RBI  in  each  case, subject  to  at least  25 percent  of the total  number  of  branches  opened  during a  financial  year  being opened  in  unbanked  rural (Tier 5 and Tier 6)  centres (population up to 9,999).  RBI has  also  specified  that the  total  number  of  branches  opened  in Tier 1 centres (population 1,00,000 and above) during the financial year  cannot  exceed the total number of branches opened  in Tier 2 to Tier 6  centres (population up to 99,999)  and all centres in  the  North Eastern States and  Sikkim. 

Number of branches opened by Public Sector Banks in rural, semi-urban, urban and metropolitan centres for financial year 2013-14, 2014-15, 2015-16 and 2016-17 (up to 31.12.2016) are as under: 

Population Group

2016-17 (till 31.12. 2016)

2015-16

2014-15

2013-14

Rural

435

1,067

1,992

3,076

Semi-Urban

366

946

1,683

2,418

Urban

323

617

1,064

1,247

Metropolitan

325

666

924

1,101

All India

1,449

3,296

5,663

7,842

State Bank  of  India (SBI) has  informed  that 20 representations were received for opening the branches under Saansad Adarsh Gram Yojana, and survey has been conducted for all  20 branches. State-wise details are at Annex.  SBI has not indicated any time by which new branches are likely to be opened.  

“Opening of new branches of SBI in villages under Saansad Adarsh Gram Yojana”. 

Sl.No.

Centre

District

State

Details

1.

Golarhat

Kendrapada

Odisha

Branch opened on 25.05.2016

2.

Tapri Kalan & Tikri Khurd

Saharanpur

Uttar Pradesh

Branch opening at that centre not found viable

3.

Biharigarh

Saharanpur

Uttar Pradesh

Branch opening found viable in survey report.

4.

Okhaldunga

Nainital

Uttarakhand

Branch opening found viable in survey report.

5.

Chamandkhan

Almorah

Uttarakhand

Branch opening at that centre not found viable

6.

Bhareri

Hamirpur

Himachal Pradesh

Branch opening at that centre not found viable

7.

Behal Nawanny (Bifalghat)       

Bilaspur

Himachal Pradesh

Branch opening at that centre not found viable

8.

Jaihar

Sirmour

Himachal Pradesh

Branch opening at that centre not found viable

9.

Thumpala

Visakhapatnam

Andhra Pradesh

Branch opening found viable in survey report.

10.

Bagga, Chauwan

Udham Singh Nagar

Uttarakhand

Branch opening at that centre not found viable

11.

Ukhimath

Rudraprayag

Uttarakhand

Branch opening at that centre not found viable

12.

Phalodi

Jodhpur

Rajasthan

Branch opening at that centre not found viable

13.

Sanganer

Jaipur

Rajasthan

Branch opening at that centre not found viable

14.

Pilibanga

Hanumangarh

Rajasthan

Branch opening at that centre not found viable

15.

Pipramaff

Mahoba

Uttar Pradesh

Branch opening at that centre not found viable

16.

Bharat Bhari

Siddharthnagar

Uttar Pradesh

Branch opening at that centre not found viable

17.

Rahpura Jagir village

Bareilly

Uttar Pradesh

Branch opening at that centre not found viable. However, Business Correspondent provided for customer service.

18.

Chiephobozou

Kohima

Nagaland

Branch opening at that centre not found viable. Re-survey to assess the feasibility of opening the branch being conducted.

19.

Maram

Senapati

Manipur

Branch opening at that centre not found viable

20.

Kishunpur

Palamou

Jharkhand

Branch opening found viable in survey report.

Source: State Bank of India

This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Rajya Sabha today.

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