RBI to open sub-offices in NE capitals

Shillong, Feb 7 (PTI) Reserve Bank of India will opensub offices in all the capital states of North-East, startingwith Agartala.

RBI Regional Director Surekha Marandi told PTI todaythe process of setting up the first sub-office in Tripuracapital of Agartala is on.

"We are waiting for Tripura government''s offer. Assoon as the state government allots a building, we will startthe process," she said.

The RBI official said the sub-office at Agartalashould be ready by the end of this year.

Sub-offices will be set up in other capitals as wellin a phased manner, Marandi said, adding that RBI was tryingto increase the outreach of banks in the region.

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