Faisal

25 May 2026

Reserve Bank of India has proposed revised norms for banking correspo… – Faisal

Reserve Bank of India has proposed revised norms for banking correspondent classification under new draft branch authorization guidelines. The central bank suggested defining three categories of service delivery points, including bank branches, Business Correspondent-Banking Outlets, and Business Correspondent-Banking Touchpoints. Officials say the move aims to improve banking accessibility, streamline operations, and strengthen financial inclusion across urban and rural areas. #RBI #India #Bank