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Banks cannot be open in residential areas.

Q: What decision the banks have taken regarding the situation? Whether they are going to continue in residential area or they are going to shift in commercial area?

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The Supreme court has already ordered to close bank operation in residential areas. But the bank meet the Noida Authority and requested for a change in land policy. The Noida Residential Bank Association requested the authority to regularize banks at their current location under mixed use land.
Ruchi Mishra


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