{"what_this_is":"The machine-readable twin of the BankPulse page for one RBI rulebook. Same points, same dates, same paragraph references as the page a person reads. RBI's own wording is not reproduced here: each point names the RBI paragraph, the character offset into the text BankPulse read and the sha256 of that text, so the claim can be checked against RBI's own document.","schema_version":1,"release_id":"d653cdb0a5","generated_at":"2026-09-15T00:33:59.117975+00:00","id":"md13205","title":"Reserve Bank of India (Rural Co-operative Banks - Branch Authorisation) Directions, 2025","document_kind":"Directions","page":"https://bankpulse.ai/rule/md13205","status":"In force","importance":{"code":"MR","label":"MUST READ","weight":"Must read","why":"Binding RBI Directions naming this institution class in the title","layer":"bankpulse_inference"},"applies_to":{"shown":"Rural co-operative banks","class_code":"RURAL_COOP","from":"the document's own title","layer":"bankpulse_inference"},"dates":{"prid":"md13205","mode":"four_dates_v1","published":{"label":"Published","value":"Nov 28, 2025","stated":true,"why":"The day RBI put this document out."},"effective":{"label":"Starts to apply","value":"","stated":false,"why":"Not stated separately in this document. Read the rule itself before you assume a start date."},"transition":{"label":"Time to get ready","value":"","stated":false,"why":"Cannot be worked out until the day it starts to apply is known."},"deadline":{"label":"Last date to act","value":"","stated":false,"why":"No date to act by was found in this document. Other dates may sit inside single paragraphs."},"sources":{"published":"doc_date in data/highlights/md13205.json","effective":"none held","transition":"none held","deadline":"none held"}},"rbi_source":{"url":"https://rbi.org.in/Scripts/BS_ViewMasDirections.aspx?id=13205","document_date":"Nov 28, 2025","read_by_bankpulse":"2026-08-21 16:20:07 UTC","text_sha256":"51d740e342ab8765c438002fc39a7da140ce299ff642cb506a7b8b616d4c3508","word_count":4882,"standing_last_checked":"Standing checked on RBI’s Master Directions index, 15 September 2026, 5:58 am IST."},"counts":{"points_shown":70,"points_naming_an_rbi_paragraph":70,"points_stored":70,"actions":0,"amendments":0},"points":[{"n":1,"claim":"md13205-a2a8948e","page_group":"Chapter I. Preliminary","stored_section":"KEY DATES","heading":"Starts at once","plain_english":"The rules start the moment RBI issues them.","rbi_paragraph":"Para 2","rbi_char_offset":3550,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p1","layer":"bankpulse"},{"n":2,"claim":"md13205-11d66cf0","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Who must follow this","plain_english":"These rules apply to every rural co-operative bank.","rbi_paragraph":"Para 3","rbi_char_offset":3632,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p2","layer":"bankpulse"},{"n":3,"claim":"md13205-1e2b01b2","page_group":"Chapter I. Preliminary","stored_section":"WHO IT APPLIES TO","heading":"Which banks those are","plain_english":"State co-operative banks and central co-operative banks, as the NABARD law defines them.","rbi_paragraph":"Para 3","rbi_char_offset":3838,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":["agriculture-loan"],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p3","layer":"bankpulse"},{"n":1,"claim":"md13205-7c71fcab","page_group":"Chapter II. Branch Authorisation","stored_section":"THE CORE IDEA","heading":"One test for most permissions","plain_english":"RBI has set one eligibility test that most permissions now hang on.","rbi_paragraph":"Para 6","rbi_char_offset":5512,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p4","layer":"bankpulse"},{"n":2,"claim":"md13205-3033d740","page_group":"Chapter II. Branch Authorisation","stored_section":"THE CORE IDEA","heading":"Capital above the floor","plain_english":"The bank's capital ratio must be one percentage point above its minimum.","rbi_paragraph":"Para 7","rbi_char_offset":5968,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p5","layer":"bankpulse"},{"n":3,"claim":"md13205-62bbdb5b","page_group":"Chapter II. Branch Authorisation","stored_section":"THE CORE IDEA","heading":"Bad loans under three","plain_english":"Net bad loans must not be more than 3%.","rbi_paragraph":"Para 7","rbi_char_offset":6089,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p6","layer":"bankpulse"},{"n":4,"claim":"md13205-9b557f00","page_group":"Chapter II. Branch Authorisation","stored_section":"THE CORE IDEA","heading":"Profit for two years","plain_english":"The bank must show net profits in the preceding two financial years.","rbi_paragraph":"Para 7","rbi_char_offset":6119,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p7","layer":"bankpulse"},{"n":5,"claim":"md13205-b1aaffcb","page_group":"Chapter II. Branch Authorisation","stored_section":"THE CORE IDEA","heading":"No reserve shortfall","plain_english":"There must be no failure to keep the cash and liquidity reserves.","rbi_paragraph":"Para 7","rbi_char_offset":6173,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p8","layer":"bankpulse"},{"n":6,"claim":"md13205-1ce70847","page_group":"Chapter II. Branch Authorisation","stored_section":"THE CORE IDEA","heading":"Core banking fully in","plain_english":"Core banking software must be fully in place.","rbi_paragraph":"Para 7","rbi_char_offset":6368,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p9","layer":"bankpulse"},{"n":7,"claim":"md13205-f2ff3993","page_group":"Chapter II. Branch Authorisation","stored_section":"THE CORE IDEA","heading":"Clear with both watchers","plain_english":"The bank must not be under directions or corrective action of RBI or NABARD.","rbi_paragraph":"Para 7","rbi_char_offset":6419,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p10","layer":"bankpulse"},{"n":8,"claim":"md13205-e6b8e1fa","page_group":"Chapter II. Branch Authorisation","stored_section":"KEY DATES","heading":"Good until September","plain_english":"The eligibility holds until 30th September of the next financial year.","rbi_paragraph":"Para 8","rbi_char_offset":7239,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p11","layer":"bankpulse"},{"n":9,"claim":"md13205-2ad7a603","page_group":"Chapter II. Branch Authorisation","stored_section":"THE CORE IDEA","heading":"A wrong claim costs","plain_english":"A bank found wrongly claiming eligibility can lose self-review for a year.","rbi_paragraph":"Para 9","rbi_char_offset":8468,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p12","layer":"bankpulse"},{"n":10,"claim":"md13205-75d839c9","page_group":"Chapter II. Branch Authorisation","stored_section":"WHAT CHANGES","heading":"The state decides the area","plain_english":"A district central bank's area of operation is settled by the state government.","rbi_paragraph":"Para 10","rbi_char_offset":8632,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p13","layer":"bankpulse"},{"n":11,"claim":"md13205-3232c29c","page_group":"Chapter II. Branch Authorisation","stored_section":"WHAT CHANGES","heading":"No objection letter not needed","plain_english":"For that byelaw change the bank needs no no objection letter from RBI.","rbi_paragraph":"Para 10","rbi_char_offset":9214,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p14","layer":"bankpulse"},{"n":12,"claim":"md13205-aa881a24","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Ask before any new place","plain_english":"Branches, counters, cash machines and back offices all need prior permission.","rbi_paragraph":"Para 11","rbi_char_offset":9459,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p15","layer":"bankpulse"},{"n":13,"claim":"md13205-18b367bd","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Opening without it is illegal","plain_english":"Opening a place of business without approval breaks the law and draws penalty.","rbi_paragraph":"Para 11","rbi_char_offset":9911,"weight":"MUST KNOW","role":"All staff","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p16","layer":"bankpulse"},{"n":14,"claim":"md13205-59539a1e","page_group":"Chapter II. Branch Authorisation","stored_section":"WHAT CHANGES","heading":"Fifteen per cent free","plain_english":"An eligible bank may open branches up to 15 per cent of last year's count.","rbi_paragraph":"Para 13","rbi_char_offset":10784,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p17","layer":"bankpulse"},{"n":15,"claim":"md13205-ba752922","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Machines at a branch","plain_english":"Cash machines at a branch or counter need no RBI approval.","rbi_paragraph":"Para 13","rbi_char_offset":11823,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p18","layer":"bankpulse"},{"n":16,"claim":"md13205-365c5a0c","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Machines elsewhere need eligibility","plain_english":"An off-site machine inside the area of operation needs the bank to be eligible.","rbi_paragraph":"Para 13","rbi_char_offset":11974,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p19","layer":"bankpulse"},{"n":17,"claim":"md13205-7c2951ec","page_group":"Chapter II. Branch Authorisation","stored_section":"WHAT CHANGES","heading":"A controller always needs approval","plain_english":"A controlling office always needs RBI's prior approval.","rbi_paragraph":"Para 13","rbi_char_offset":12521,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p20","layer":"bankpulse"},{"n":18,"claim":"md13205-eecfb8ff","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"A controller does no business","plain_english":"A controlling office must not bring in business of its own.","rbi_paragraph":"Para 13","rbi_char_offset":12658,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p21","layer":"bankpulse"},{"n":19,"claim":"md13205-3e7d93a0","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"It cannot become a branch","plain_english":"A controlling office cannot be turned into a branch, or a branch into one.","rbi_paragraph":"Para 13","rbi_char_offset":12835,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p22","layer":"bankpulse"},{"n":20,"claim":"md13205-e2226196","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"An old counter upgrades","plain_english":"A counter running more than three years can be turned into a branch.","rbi_paragraph":"Para 14","rbi_char_offset":13030,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p23","layer":"bankpulse"},{"n":21,"claim":"md13205-f4112e3b","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Spare capital is needed","plain_english":"The bank needs enough headroom capital before it uses the free route.","rbi_paragraph":"Para 14","rbi_char_offset":13238,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p24","layer":"bankpulse"},{"n":22,"claim":"md13205-ce2f7a4f","page_group":"Chapter II. Branch Authorisation","stored_section":"WHAT CHANGES","heading":"One at least, ten most","plain_english":"That works out to a minimum of one branch and a maximum of 10.","rbi_paragraph":"Para 15","rbi_char_offset":13552,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p25","layer":"bankpulse"},{"n":23,"claim":"md13205-4ecda68f","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Only if old ones cleared","plain_english":"The free route is open only if every existing branch is properly authorised.","rbi_paragraph":"Para 16","rbi_char_offset":13689,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p26","layer":"bankpulse"},{"n":24,"claim":"md13205-3d3a9068","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Where the apex may go","plain_english":"In the state capital, and one branch per district with no district bank branch.","rbi_paragraph":"Para 17","rbi_char_offset":13864,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p27","layer":"bankpulse"},{"n":25,"claim":"md13205-3b883ea5","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO IT APPLIES TO","heading":"The district bank needs people","plain_english":"A district central bank needs a centre of at least one lakh people.","rbi_paragraph":"Para 18","rbi_char_offset":14050,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":"A district central co-operative bank wants a branch in a town of 60,000 people. The free route is shut to it there, because RBI's census test names a centre of one lakh. So the bank files the yearly plan and waits for RBI's answer instead.","anchor":"https://bankpulse.ai/rule/md13205#p28","layer":"bankpulse"},{"n":26,"claim":"md13205-4d1b1d27","page_group":"Chapter II. Branch Authorisation","stored_section":"KEY DATES","heading":"Ninety days for an answer","plain_english":"RBI decides on a complete branch application within 90 calendar days.","rbi_paragraph":"Para 21","rbi_char_offset":15350,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p29","layer":"bankpulse"},{"n":27,"claim":"md13205-37f83151","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"The order cannot be changed","plain_english":"Branches are approved strictly in the order of preference the bank gave.","rbi_paragraph":"Para 22","rbi_char_offset":15704,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p30","layer":"bankpulse"},{"n":28,"claim":"md13205-24c6c667","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Open three of every four","plain_english":"Failing to open 75 per cent of approved branches in time is taken seriously.","rbi_paragraph":"Para 22","rbi_char_offset":15884,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p31","layer":"bankpulse"},{"n":29,"claim":"md13205-2fa68f90","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Two years shut out","plain_english":"The bank can be barred from opening new branches for the next two years.","rbi_paragraph":"Para 22","rbi_char_offset":16040,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p32","layer":"bankpulse"},{"n":30,"claim":"md13205-5e8e64c4","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO IT APPLIES TO","heading":"The apex bank is limited","plain_english":"A state co-operative bank may normally open only in the state capital.","rbi_paragraph":"Para 23","rbi_char_offset":16332,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p33","layer":"bankpulse"},{"n":31,"claim":"md13205-2af52f68","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"At the district headquarters","plain_english":"There the apex bank may open only to hold and serve co-operative bank deposits.","rbi_paragraph":"Para 23","rbi_char_offset":16477,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p34","layer":"bankpulse"},{"n":32,"claim":"md13205-15c048f6","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Where the district bank fails","plain_english":"The apex bank may step in where the district bank is missing or defunct.","rbi_paragraph":"Para 23","rbi_char_offset":16571,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p35","layer":"bankpulse"},{"n":33,"claim":"md13205-131977f8","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"The north east is freer","plain_english":"An apex bank of a north-eastern state may open or shift anywhere in its area.","rbi_paragraph":"Para 24","rbi_char_offset":17395,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p36","layer":"bankpulse"},{"n":34,"claim":"md13205-968b4fa6","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Where a counter may go","plain_english":"Inside a college, big office, factory or hospital the bank already banks for.","rbi_paragraph":"Para 25","rbi_char_offset":17688,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p37","layer":"bankpulse"},{"n":35,"claim":"md13205-1c446019","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Not in a market","plain_english":"No counter in a marketplace or shopping centre, and one only per premises.","rbi_paragraph":"Para 25","rbi_char_offset":18534,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p38","layer":"bankpulse"},{"n":36,"claim":"md13205-5270dac2","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Ten kilometres from the branch","plain_english":"The base branch must be within 10 kilometres of the counter.","rbi_paragraph":"Para 26","rbi_char_offset":18659,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p39","layer":"bankpulse"},{"n":37,"claim":"md13205-fd042aa7","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Ten lakh at a counter","plain_english":"A counter may pay out other loans only up to 10.00 lakh.","rbi_paragraph":"Para 28","rbi_char_offset":19439,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p40","layer":"bankpulse"},{"n":38,"claim":"md13205-2835406c","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"No outside ads on screens","plain_english":"Other people's products must not be advertised on the cash machine screen.","rbi_paragraph":"Para 29","rbi_char_offset":20032,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p41","layer":"bankpulse"},{"n":39,"claim":"md13205-9d76def9","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Moving inside town is free","plain_english":"A branch or office may move within the same city, town or village freely.","rbi_paragraph":"Para 30","rbi_char_offset":20458,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p42","layer":"bankpulse"},{"n":40,"claim":"md13205-15ecf982","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Closing needs no approval","plain_english":"Any place except the head office may be closed without RBI approval.","rbi_paragraph":"Para 36","rbi_char_offset":21962,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p43","layer":"bankpulse"},{"n":41,"claim":"md13205-4eece861","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Doorstep service needs no approval","plain_english":"The bank may offer doorstep banking on its own, without asking RBI.","rbi_paragraph":"Para 37","rbi_char_offset":23238,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p44","layer":"bankpulse"},{"n":42,"claim":"md13205-e0d7bf0a","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"A thousand crore for agents","plain_english":"Only a bank with deposits above 1000 crore may use agents at the door.","rbi_paragraph":"Para 39","rbi_char_offset":23669,"weight":"MUST KNOW","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p45","layer":"bankpulse"},{"n":43,"claim":"md13205-c3dc7f11","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Others use own staff","plain_english":"Every other bank may use only its permanent employees.","rbi_paragraph":"Para 39","rbi_char_offset":23868,"weight":"MUST KNOW","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p46","layer":"bankpulse"},{"n":44,"claim":"md13205-086fde6b","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Weak banks must ask first","plain_english":"A bank short of the section 11 capital needs approval to sell or take premises.","rbi_paragraph":"Para 41","rbi_char_offset":24501,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p47","layer":"bankpulse"},{"n":45,"claim":"md13205-dd5b2457","page_group":"Chapter II. 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Branch Authorisation","stored_section":"KEY DATES","heading":"Tell both in fifteen days","plain_english":"RBI and NABARD must both be told within 15 calendar days.","rbi_paragraph":"Para 8","rbi_char_offset":7016,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p50","layer":"bankpulse"},{"n":48,"claim":"md13205-1eb92f56","page_group":"Chapter II. Branch Authorisation","stored_section":"IMPACT","heading":"The premises must be clean","plain_english":"The lease must be valid and free of any dispute with the landlord.","rbi_paragraph":"Para 12","rbi_char_offset":10432,"weight":"DO IT","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p51","layer":"bankpulse"},{"n":49,"claim":"md13205-cd4354ee","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"A written branch policy","plain_english":"The board must approve a written policy for opening branches.","rbi_paragraph":"Para 19","rbi_char_offset":14190,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p52","layer":"bankpulse"},{"n":50,"claim":"md13205-7f7ae404","page_group":"Chapter II. Branch Authorisation","stored_section":"KEY DATES","heading":"Open it before March","plain_english":"An approved branch must open by March 31 or the approval lapses.","rbi_paragraph":"Para 21","rbi_char_offset":15482,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p53","layer":"bankpulse"},{"n":51,"claim":"md13205-d3d85522","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"The registrar must recommend","plain_english":"In all those cases the state registrar's recommendation is needed.","rbi_paragraph":"Para 23","rbi_char_offset":17310,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p54","layer":"bankpulse"},{"n":52,"claim":"md13205-c454414a","page_group":"Chapter II. Branch Authorisation","stored_section":"KEY DATES","heading":"One month before shifting","plain_english":"Customers get at least one month's notice before a branch moves.","rbi_paragraph":"Para 32","rbi_char_offset":20973,"weight":"DO IT","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p55","layer":"bankpulse"},{"n":53,"claim":"md13205-827a199d","page_group":"Chapter II. Branch Authorisation","stored_section":"KEY DATES","heading":"Two months before closing","plain_english":"Depositors and clients get two months' notice before a branch shuts.","rbi_paragraph":"Para 36","rbi_char_offset":22527,"weight":"DO IT","role":"Branch","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p56","layer":"bankpulse"},{"n":54,"claim":"md13205-8d9f046b","page_group":"Chapter II. Branch Authorisation","stored_section":"KEY DATES","heading":"Send back the licence","plain_english":"The original branch licence goes back to RBI within 15 calendar days.","rbi_paragraph":"Para 36","rbi_char_offset":22942,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p57","layer":"bankpulse"},{"n":55,"claim":"md13205-0e4ece4a","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Keep the records ready","plain_english":"The papers must be kept and shown to RBI or NABARD when asked.","rbi_paragraph":"Para 36","rbi_char_offset":23088,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p58","layer":"bankpulse"},{"n":56,"claim":"md13205-d716955c","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"Tell RBI about the scheme","plain_english":"RBI is told of the doorstep scheme within 15 calendar days of starting it.","rbi_paragraph":"Para 38","rbi_char_offset":23551,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p59","layer":"bankpulse"},{"n":57,"claim":"md13205-befcb441","page_group":"Chapter II. Branch Authorisation","stored_section":"WHO SHOULD ACT","heading":"The board reviews it yearly","plain_english":"The board looks at how the doorstep scheme is working once a year.","rbi_paragraph":"Para 40","rbi_char_offset":24269,"weight":"DO IT","role":"Board","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p60","layer":"bankpulse"},{"n":1,"claim":"md13205-e06fe19d","page_group":"Chapter III. Reporting","stored_section":"WHO SHOULD ACT","heading":"Late reporting shuts the door","plain_english":"Late or wrong reporting can bar new branches for up to three years.","rbi_paragraph":"Para 47","rbi_char_offset":28969,"weight":"MUST KNOW","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p61","layer":"bankpulse"},{"n":2,"claim":"md13205-7d339077","page_group":"Chapter III. Reporting","stored_section":"KEY DATES","heading":"Seven days to report","plain_english":"Opening, closing, merging or shifting goes on the RBI portal within seven days.","rbi_paragraph":"Para 44","rbi_char_offset":26710,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p62","layer":"bankpulse"},{"n":3,"claim":"md13205-477ae862","page_group":"Chapter III. Reporting","stored_section":"KEY DATES","heading":"Fifteen days for the rest","plain_english":"Anything not needing approval is still reported in 15 calendar days.","rbi_paragraph":"Para 47","rbi_char_offset":28641,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p63","layer":"bankpulse"},{"n":4,"claim":"md13205-53216124","page_group":"Chapter III. Reporting","stored_section":"WHO SHOULD ACT","heading":"Write to NABARD, not RBI","plain_english":"Every application goes first to the NABARD regional office.","rbi_paragraph":"Para 48","rbi_char_offset":29163,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p64","layer":"bankpulse"},{"n":5,"claim":"md13205-7e579c43","page_group":"Chapter III. Reporting","stored_section":"WHO SHOULD ACT","heading":"Send RBI a copy early","plain_english":"An advance copy of the application also goes to the RBI regional office.","rbi_paragraph":"Para 48","rbi_char_offset":29413,"weight":"DO IT","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p65","layer":"bankpulse"},{"n":1,"claim":"md13205-c5397763","page_group":"Chapter IV. Repeal and other Provisions","stored_section":"WHAT IT REPLACES","heading":"It replaces its own twin","plain_english":"It repeals a rulebook of the same name issued days earlier.","rbi_paragraph":"Para 49","rbi_char_offset":29770,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p66","layer":"bankpulse"},{"n":2,"claim":"md13205-1079c38d","page_group":"Chapter IV. Repeal and other Provisions","stored_section":"WHAT IT REPLACES","heading":"Old actions still stand","plain_english":"Anything done under the old rules stays governed by those old rules.","rbi_paragraph":"Para 50","rbi_char_offset":30064,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p67","layer":"bankpulse"},{"n":3,"claim":"md13205-76f8c80d","page_group":"Chapter IV. Repeal and other Provisions","stored_section":"WHAT IT REPLACES","heading":"Old approvals still count","plain_english":"Approvals given under the repealed rules now come under these rules.","rbi_paragraph":"Para 50","rbi_char_offset":30243,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p68","layer":"bankpulse"},{"n":4,"claim":"md13205-a1664389","page_group":"Chapter IV. Repeal and other Provisions","stored_section":"IMPACT","heading":"Other laws still apply","plain_english":"These rules add to other laws. They do not cut them down.","rbi_paragraph":"Para 51","rbi_char_offset":30404,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p69","layer":"bankpulse"},{"n":5,"claim":"md13205-1f001e30","page_group":"Chapter IV. Repeal and other Provisions","stored_section":"IMPACT","heading":"RBI's reading is final","plain_english":"If a rule is unclear, RBI's reading of it binds everyone.","rbi_paragraph":"Para 52","rbi_char_offset":30911,"weight":"BACKGROUND","role":"Compliance","team":null,"products_covered":[],"products_excluded":[],"bankpulse_example":null,"anchor":"https://bankpulse.ai/rule/md13205#p70","layer":"bankpulse"}],"actions":[],"amendments":[],"layers":{"rbi_source":"Facts taken from RBI's own document.","bankpulse":"BankPulse's plain-English summary of RBI's document.","bankpulse_inference":"BankPulse's own inference, not stated by RBI."},"rbi_wording_not_included":"By design. BankPulse never republishes RBI's exact sentences. Use rbi_paragraph with rbi_source.url to read RBI's own words.","terms":"BankPulse's plain-English summaries are BankPulse's own work. The underlying regulation is the Reserve Bank of India's. Always check the RBI document named in rbi_source before acting."}