Question : LICENCE FOR SETTING UP RURAL BANKS



(a) whether Reserve Bank of India has received applications to issue licences to set up rural banks in Maharashtra;

(b) if so, the details thereof, location-wise;

(c) if not, the reasons therefore;

(d) the action taken by the Government in this regard; and

(e) the time by which these banks are likely to be opened?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI S.S. PALANIMANICKAM):

(a) to (e) The information is being collected and will be laid on the Table of the House to the extent available.