I understand what you are trying to say, that one would start using them for other bank-related services, which currently may be serviced by other banks. Thats fine, as everyone wants a piece of the pie. But any other negative impact? Is what I am thinking.
Nope no other Negative Impact other than a New Aggressive RM will keep calling you for All sort of (MIS)investments for a few weeks
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My thought is why would my old branch be happy to let go of me.
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Ah, need to explore that - They are saying existing transactions/instructions will not change .. But I wonder if people who transfer me money , need to change something in their payee list.
Nothing changes in the payee list or in your online a/c as the branch name and other stuff gets automatically updated in the system