In the last two financial years in the country, 4,837 bank branches have been locked. These bank branches have either been completely closed or have been accommodated in another bank branch. Let us know about it in detail.
In the country, efforts are on to connect the poorest of the poor with the bank, so that the number of facilities and subsidies provided by the government can go directly to the bank accounts.
Not only this, mobile banks exist to make the banks reach their homes, but you will be surprised to know that in the last two financial years, 4,837 bank branches have been locked in the country. These bank branches have either been completely closed or have been accommodated in another bank branch.
Chandrashekhar Gaur, a Right to Information activist from Neemuch district of Madhya Pradesh, had sought information from the Reserve Bank of India under the Right to Information that the total number of branches of public banks have been closed in the last two financial years 2020-21 and 2021-22.
The details of the closure of bank branches given by the Reserve Bank of India in response to Gaur are shocking, it has been told that in the last two financial years 4837 bank branches in the country have either been adjusted or closed. have been completely closed.
Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Punjab and Sind Bank, Punjab National Bank, State Bank of India, UCO Details of closed and merged bank branches of the bank, Union Bank of India are given. According to this, locks are hanging on a total of 2,271 bank branches in the country in the financial year 2020-21, out of which 86 have been completely closed, while 2,185 branches have been adjusted to another branch.
According to the details given by the Reserve Bank, in this financial year, 27 branches have been closed in metropolitan, 24 in rural, 22 in semi-urban and 13 in urban areas, while 721 in metropolitan, 147 in rural, semi-urban. 696 branches in rural areas and 621 branches in urban areas have been accommodated in the second branch.
According to details provided by Right to Information activist Gaur in May 2022, the details provided by the Reserve Bank for the financial year 2021-22 show that nine branches have been completely closed this year, while 2,557 branches have been merged. Huh.
In this way, locks are hanging on 2,566 bank branches. Of these, five branches in metropolitan, two in rural, and two in urban areas have been completely closed while 736 branches in metropolitan, 155 in rural, 947 in semi-urban, and 719 in urban areas have been adjusted.
According to the Reserve Bank, rural branches are opened in areas with a population of less than 10,000, semi-urban with a population of more than 10,000 and less than one lakh, and urban with a population of more than one lakh and less than 10 lakhs. A metropolis is one where the population is more than one million. This is based on the 2011 census.
