Home India Reserve Bank of India Assignment of Lead Bank Responsibility...
Date: 2017-03-30 Category: Not Applicable State: Union Government Country: India

Assignment of Lead Bank Responsibility

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** This notification, RBI201617262 FIDD.CO.LBS.BC. No. 2602.01.001/2016-17, issued by the Reserve Bank of India (RBI) on March 30, 2017, addresses the assignment of lead bank responsibility following the merger of Associate Banks with the State Bank of India (SBI), as per the Gazette of India Notification dated February 22, 2017, effective April 1, 2017. The notification assigns lead bank responsibility for specific districts, previously held by Associate Banks, to the State Bank of India. These districts are as follows: * **Karnataka:** Chamrajnagar, Mysore, Tumkur, Koppal, and Raichur (previously held by State Bank of Mysore). * **Kerala:** Alappuzha, Kottayam, and Pathanamthitta (previously held by State Bank of Travancore). * **Punjab:** Barnala, Bathinda, Fatehgarh Sahib, Mansa, Muktsar, Patiala, and Sangrur (previously held by State Bank of Patiala). * **Rajasthan:** Barmer, Bikaner, Hanumangarh, Jaisalmer, Jalore, Pali, Rajsamand, Sirohi, and Udaipur (previously held by State Bank of Bikaner and Jaipur). * **Telangana:** Adilabad, Nirmal, Komram Bheem, Karimnagar, Khammam, Bhadradri, Nalgonda, Suryapet, Nizamabad, Jangaon, Jayashankar, Ranga Reddy, Vikarabad and Hyderabad (previously held by State Bank of Hyderabad). The notification clarifies that there are no changes to lead bank responsibilities for other districts across the country. For further information, contact Ajay Kumar Misra, Chief General Manager, Financial Inclusion Development Department, Central Office, 10th Floor, Central Office Building, Shahid Bhagat Singh Marg, P.B. No. 10014, Mumbai – 400001. Contact can be made via telephone at 022-22601000, 022-22621011, 022-22610943, or 022-22610948, or via email at cgmincfidd@rbi.org.in. The RBI cautions the public against responding to unsolicited communications requesting personal banking information, as the RBI never solicits such details or offers funds directly to individuals.

Key Entities Referenced

State Bank of India: The bank that is assigned lead bank responsibility for several districts after the merger of associate banks. Associate banks: The banks that merged with State Bank of India, leading to the reassignment of lead bank responsibilities. Karnataka: A state in India where State Bank of India takes over lead bank responsibilities in Chamrajnagar, Mysore, Tumkur, Koppal and Raichur districts. Kerala: A state in India where State Bank of India takes over lead bank responsibilities in Alappuzha, Kottayam and Pathanamthitta districts. Punjab: A state in India where State Bank of India takes over lead bank responsibilities in Barnala, Bathinda, Fatehgarh Sahib, Mansa, Muktsar, Patiala and Sangrur districts. Rajasthan: A state in India where State Bank of India takes over lead bank responsibilities in Barmer, Bikaner, Hanumangarh, Jaisalmer, Jalore, Pali, Rajsamand, Sirohi and Udaipur districts. Telangana: A state in India where State Bank of India takes over lead bank responsibilities in Adilabad, Nirmal, Komram Bheem, Karimnagar, Khammam, Bhadradri, Nalgonda, Suryapet, Nizamabad, Jangaon, Jayashankar, Ranga Reddy, Vikarabad and Hyderabad districts. Gazette of India: Official government publication that notified the merger of Associate banks with State Bank of India.
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RBI/2016-17/262 FIDD.CO.LBS.BC. No. 26/02.01.001/2016-17 March 30, 2017 The Chairmen and Managing Directors SLBC Convenor Banks Dear Sir, Assignment of Lead Bank Responsibility As per the Gazette of India Notification dated February 22, 2017, the merger of Associate banks with State Bank of India has been notified. The Order comes into effect on April 1, 2017. 2. Therefore, it has been decided to assign the lead bank responsibility of districts hitherto held by the Associate banks to State Bank of India. Accordingly, lead bank responsibility is assigned as follows: Sr State Associate Bank District Lead Bank No. Responsibility assigned to: 1 Karnataka State Bank of i) Chamrajnagar State Bank of India Mysore ii) Mysore iii) Tumkur State Bank of iv) Koppal State Bank of India Hyderabad v) Raichur 2 Kerala State Bank of i) Alappuzha State Bank of India Travancore ii) Kottayam iii) Pathanamthitta 3 Punjab State Bank of i) Barnala State Bank of India Patiala ii) Bathinda iii) Fatehgarh Sahib iv) Mansa �वत् तीय समावेशन और �वकास �वभाग, केन्द्र�य कायार्लय,10 वी मंिजल, क�द्र�य कायालर् य भवन, शह�द भगत�सहं माग,र्पोस्ट बॉक्स सं. 10014,मंबु ई -400001 Financial Inclusion & Development Dept, Central Office,10th Floor, Central Office Building, Shahid Bhagat Singh Marg,P.B.No.10014,Mumbai-1 टेल� Tel:022-22601000 फैक्सः 91-22-22621011/22610943/22610948 ई -मेल : cgmincfidd@rbi.org.in �हदं � आसान है,इसका प्रयोग बढ़ाइए। “चेतावनी : मेल �रज़व र् बक� द्वारा-डाक, एसएमएस या फोन कॉल के ज�रए �कसी क� भी व् यिक्तगत जानकार� जैसे बक� के खाते का ब् यौरा, पासवड र् आ�द नह�ं मांगी जाती है। यह धन रखने या देने का प्रस् ताव भी नह�ं करता है। ऐसे प्रस् ताव� का �कसी भी तर�के से जवाब मत द�िजए।" Caution: RBI never sends mails, SMSs or makes calls asking for personal information like bank account details, passwords, etc. It never keeps or offers funds to anyone. Please do not respond in any manner to such offers.2 v) Muktsar vi) Patiala vii) Sangrur 4 Rajasthan State Bank of i) Barmer State Bank of India Bikaner & Jaipur ii) Bikaner iii) Hanumangarh iv) Jaisalmer v) Jalore vi) Pali vii) Rajsamand viii) Sirohi ix) Udaipur 5 Telangana State Bank of i) Adilabad State Bank of India Hyderabad ii) Nirmal iii) Komram Bheem iv) Karimnagar v) Khammam vi) Bhadradri vii) Nalgonda viii) Suryapet ix) Nizamabad x) Jangaon (New) xi) Jayashankar xii) Ranga Reddy xiii) Vikarabad xiv) Hyderabad 3. There is no change in the lead bank responsibility of other districts across the country. Yours faithfully (Ajay Kumar Misra) Chief General Manager

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