Opening of new branches by PSUs

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.

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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.
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