RBI/2011-12/100
DBOD.No. BL.BC. 33/22.01.001/2011-12
July 1, 2011
Ashadha 10, 1933(Saka)
All Commercial Banks
(excluding RRBs)
Dear Sir,
Section 23 of Banking Regulation Act, 1949 – Master Circular on Branch
Authorisation
Please refer to the
Master Circular DBOD.No. BL.BC.8/22.01.001/2010-11 dated
July 1, 2010 consolidating instructions / guidelines issued to banks on Branch Authorisation till June 30, 2010. The Master Circular has been suitably updated
by incorporating the instructions issued upto June 30, 2011. A copy of the
updated Master Circular is enclosed. The Master Circular has also been placed on
the RBI website (http://www.rbi.org.in).
- Foreign banks may be guided by paragraph 20 of this Master Circular.
Yours faithfully,
(A.K. Khound)
Chief General Manager
Encls. : as above
Master Circular on Branch Authorisation