In some jurisdictions, this is seen by supervisory authorities as legally preventing them from refusing authorisations or putting stringent conditions on them, even when their experience tells them otherwise. These problematic applicants, once authorised, can then avail of the single market to operate everywhere in the EU.
These plans broadly include self-set targets in respect of rural bricks and mortar branches opened; BCs employed; coverage of unbanked villages with a population above 2,000 as also other unbanked villages with population below 2,000 through branches; BCs and other modes; no-frills accounts opened, including through BC-ICT; KCCs and GCCs issued; and other specific products designed by them to cater to the financially excluded segments.