Branch Closure9 April 2026 at 10:24 am
Real Touch Finance Ltd. to Close Multiple Branch Offices by 2026
AI Summary
Real Touch Finance Ltd. has announced the proposed closure of several branch offices, including Arani, Kanchipuram, Vandavasi, Tindivanam, Villupuram, Tiruvannamalai, Chengalpattu, and Thiruvallur, under Regulation 30 of SEBI LODR Regulations 2015. The decision aims to make the company's operations more efficient and streamlined. The closure is not expected to materially impact the company's operations or financial performance. Existing loan accounts and customer relationships will continue to be serviced through the company's Corporate Branch Office in Chennai. The closure is in compliance with the Reserve Bank of India (Non-Banking Financial Companies – Branch Authorisation) Directions, 2025.
Key Highlights
- Real Touch Finance Ltd. to close multiple branch offices by 2026
- Closure aimed at making operations more efficient and streamlined
- Closure not expected to materially impact company's operations or financial performance
- Existing loan accounts and customer relationships to continue being serviced through Corporate Branch Office in Chennai
- Closure in compliance with Reserve Bank of India (Non-Banking Financial Companies – Branch Authorisation) Directions, 2025