Simplified branch authorisation: To increase the reach of banking network, domestic scheduled commercial banks have earlier been permitted to freely open branches in Tier 2 to Tier 6 centres (with population of less than 1,00,000) under general permission, subject to reporting. Recently, incentives have been provided for opening branches in Tier 2 centres also.
Further, domestic scheduled commercial banks have been permitted to open branches in rural, semi urban and urban centres in the North Eastern States and Sikkim, without the need to take permission from Reserve Bank in each case, subject to reporting. iii.