RBS to shut 23 branches

The bank,which had unsuccessfully tried selling its network to its peer from the foreign lending space HSBC,will have presence only in Delhi-NCR,Mumbai,Chennai,Kolkata,Bangalore,Pune,Hyderabad and Vadodara,it said.

Its branches at Agra,Jodhpur,Jalandhar,Kolhapur,Mangalore,Shastri Park New Delhi and Udaipur will be the first ones to be closed. Other branches include those at Tirupur,Salem,Lucknow,Moradabad,Nasik,Surat,Udaipur,Jodhpur,Panipat and Jalandhar,among others.

We8230; will ensure the smoothest possible transition for our customers, said Brijesh Mehra managing director and country head for international banking.