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STATE BANK OF INDIA BRANCH NOT APPROVED BY RBI-RTI


Dombivli west , Thane: This SBI branch in under construction building is in operation since 2010. But as per section 23 of banking regulation act they have not taken permission from Reserve bank of India . In RTI reply they have no record of any paper in RBI. The copy of fire NOC is also not available.
RBI has issued a notification in 2015 that no permission is require to open new branch from RBI. But this notification violates section 23 of Bank regulation. Means many banks branches lack Municipal OC, fire NOC and RBI approval as per record.
Customers should check RBI Approval, local authority papers of each branch.
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