Saturday 26 July 2014

A Comment on setting up more banks/branches

My Comment on an article "Setting up banks in the Finance Minister's home turf a sticky business?" published in the Economic Times Dated 26/07/2014 at 3:15 pm. 


"Opening branches of banks should be basically based on the requirements of the place and to suit the convenience of customers. 

If there are already sufficient branches of two or more banks catering to the needs, there is no point in opening another branch by a different bank. 

Instead, you can open ATMs at lesser distances to make them feel comfortable."

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