HomeCirculars › RBI/2006-2007/438

RRB Branch Licensing: Empowered Committee Gets More Discretion

No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2006-2007/438 · issued 15 Jun 2007 · ~1 min read
Quick answerRBI has relaxed branch licensing rules for RRBs: compliance with conditions (iii)-(v) of the earlier circular is now left to the Empowered Committee's discretion, encouraging branches in uncovered districts.

What changed

Previously, RRBs had to strictly meet conditions (iii) to (v) under paragraph 1.2 of the July 2006 master circular for branch licensing. Now, compliance with these specific conditions is optional, as the Empowered Committee for RRBs can decide whether to enforce them. Other instructions in the master circular remain unchanged.

What it means for you

This gives RRBs more flexibility to open branches in districts that currently lack banking coverage, as the Empowered Committee can waive certain requirements. Banks can now focus on financial inclusion goals without being rigidly bound by those conditions. However, the core licensing framework still applies, so overall regulatory oversight remains.

Historical instruction — do not use for current compliance. This is what was required at the time; it no longer reflects current RBI requirements. If no replacement rule is linked above, that only means none is recorded on our register yet — it does not prove no later applicable rule exists. Confirm on the official RBI source below.

What banks were required to do at the time

Who it affects

Regional Rural Banks (RRBs), Empowered Committees for RRBs, RBI Regional Offices handling RRB licensing

❓ Common questions

Regulatory timeline

Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).

What specific conditions are now discretionary for RRB branch licensing?

Conditions (iii) to (v) under paragraph 1.2 of the July 2006 master circular on branch licensing are now left to the discretion of the Empowered Committee for RRBs.

Does this circular change any other branch licensing rules for RRBs?

No, only the compliance with conditions (iii)-(v) is relaxed. All other instructions in the master circular remain unchanged.

Why did RBI make this change?

To encourage RRBs to open branches in districts that are currently uncovered by banking services, promoting financial inclusion.

📜 This document’s life story (1 recorded event, each backed by RBI’s own words)
Repealed by RBI/2025-26/100 — Consolidation of Regulations — Withdrawal of circulars (28 Nov 2025)
RBI’s words: “Official withdrawal register entry #2424: RPCD.CO.RRB.No.BC.102/03.05.90-A/2006-07 — "Section 23 of the Banking Regulation Act, 1949 - Master Circular on Branch Licensing - Regional Rural Banks (RRBs)”
📜 Read the original circular — full text as issued by RBI
RBI/2006-2007/438 RPCD.CO.RRB.No.BC.102/03.05.90-A/2006-07 June 15, 2007 All Regional Rural Banks Dear Sir, Section 23 of the Banking Regulation Act, 1949 – Master Circular on Branch Licensing - Regional Rural Banks (RRBs) Please refer to our circular  RPCD.CO.RRB.No.BL.BC/11/03.05.90-A/2006-07 dated July 11, 2006  on the above subject. 2. With a view to encouraging RRBs to open branches in hitherto uncovered districts, it has been decided that the compliance with conditions prescribed at Sr.Nos. (iii) to (v) under paragraph 1.2 of the above circular may be left to the discretion of the concerned Empowered Committee for RRBs. The other instructions contained in the captioned Master Circular will, however, remain unchanged. 3. Please acknowledge receipt to our respective Regional Office. Yours faithfully, (C.S. Murthy) Chief General Manager-in-Charge
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2006-2007/438 · issued 15 Jun 2007. The plain-English explanation above is BankPulse’s own independent summary.
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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=3598&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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