Rural banking predominantly will have to harness branchless  xiii. Although banks will continue to focus on domestic business, given the rising trend of globalization, cross-border banking business will need more attention.
In this situation, as in others, the regulator must remain objective and not act as a matchmaker or precipitate a trend. In section 37 of the Banks Act the application for a merger and the framework of merger considerations are subject to a formal process which aims to remove as much of the subjectivity as possible.