Discussion Forum : Nabard & Other Bank Examinations
Question -
What is the population limit at a place under which the banks don’t require a license from RBI to open a branch?
Answer: Option D
AT PRESENT, INDIAN BANKS NO LONGER REQUIRE A LICENSE FROM THE RESERVE BANK FOR OPENING A BRANCH AT A PLACE WITH POPULATION OF BELOW 50,000.
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AT PRESENT, INDIAN BANKS NO LONGER REQUIRE A LICENSE FROM THE RESERVE BANK FOR OPENING A BRANCH AT A PLACE WITH POPULATION OF BELOW 50,000.
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