The panel also recommended the formation of another category called wholesale banks, to provide liquidity to other banks and financial institiute which are creating assets in the priority sector.
So despite the changes in the way people do their banking and the economics stacking up against them, we're unlikely to see wholesale bank branch closures.
They've also looked at customer feedback as a key metric, and they have seen the wholesale bank's customer satisfaction scores go up each year since the beginning of the transformation.