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245

Q:

Licenses for opening new bank branches are given by whom?

  • 1
    Indian Banking Association
  • 2
    RBI
  • 3
    State Level Bankers Committee
  • 4
    Ministry of Finance
  • Show Answer
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Answer : 2. "RBI"
Explanation :

These branches will be treated at par with any branch and Regional Rural Banks will have to obtain the necessary license from the concerned Regional Office of Reserve Bank of India (RPCD).

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