Parliament Question: New Bank Branches in South Delhi

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES LOK SABHA UNSTARRED QUESTION NO. 123 ANSWERED ON MONDAY, 20 JULY, 2026/ASHADHA 29, 1948 (SAKA) New Bank Branches in South Delhi †123. SHRI RAMVIR SINGH BIDHURI: Will the Minister of FINANCE be pleased to state: (a) whether there is any plan to open new branches of banks in the South Delhi Parliamentary Constituency in Delhi, if so, the details thereof; (b) whether the Government has any proposal to open a bank branch in Tughlakabad, which is a historical village of Delhi with a population of over one lakh; and (c) if so, the details thereof and the time by which this bank branch is likely to be opened? ANSWER THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY) (a) to (c) As per the extant Reserve Bank of India (RBI) guidelines, rolling out of banking outlets in uncovered areas is a continuous process looked after by the State Level Bankers’ Committees (SLBCs)/ Union Territory Level Bankers Committees (UTLBCs), in consultation with the concerned State/UT Government, member Banks and other stakeholders. RBI has permitted Commercial Banks, Small Finance Banks, Payments Banks, Local Area Banks and Regional Rural Banks to open bank branches anywhere in India without prior approval, provided 25% are in unbanked rural areas; Moreover, Banks, inter-alia, consider proposals for opening banking outlets in the light of RBI’s instructions, their business plans and their commercial viability. To further assess the viability for opening a banking outlet, banks carry out survey as required. The data relating to proposals received for opening bank branches is not maintained centrally. Based on the data uploaded by Banks on the JDD App, all the 213 mapped inhabited villages in Delhi have been covered by a banking outlet within a radius of 5km. (100% coverage). Banking infrastructure in South Delhi, South East Delhi and South West Delhi Districts are as under: State-District wise Banking infrastructure as on 30.06.2026 District Branches BCs ATMs IPPBs South 314 869 535 41 South West 295 1146 606 38 South East 467 1586 853 65 Total in Delhi 3814 14134 6838 488 Banking infrastructure in Tughlakabad Village Branches BCs ATMs IPPBs Tughlakabad, 17 180 53 6 (South East Delhi District) Source: JDD App ****