Home India Reserve Bank of India Reassignment of Lead Bank Responsibility...
Date: 2024-03-22 Category: Not Applicable State: Union Government Country: India

Reassignment of Lead Bank Responsibility

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** The Reserve Bank of India (RBI) has announced the reassignment of lead bank responsibility in specific districts, effective April 1, 2024. This directive, referenced as RBI/2023-24/139 FIDD.CO.LBS.BC.No.1602/08.001/2023-24, was issued on March 22, 2024. The reassignments are as follows: * **Ernakulum (Kerala, District Code 970):** State Bank of India replaces Union Bank of India. * **Idukki (Kerala, District Code 976):** State Bank of India replaces Union Bank of India. * **Seoni (Madhya Pradesh, District Code 713):** State Bank of India replaces Central Bank of India. * **Mumbai City (Maharashtra, District Code 600):** Bank of Baroda replaces Bank of India. * **Mumbai Suburban (Maharashtra, District Code 291):** Bank of Baroda replaces Bank of India. * **Salem (Tamil Nadu, District Code 913):** State Bank of India replaces Indian Bank. The circular clarifies that there are no changes to the lead banks in other districts across the country. For further information, contact Nisha Nambiar, Chief General Manager-in-Charge, Financial Inclusion Development Department, Central Office, Reserve Bank of India, 10th Floor, Central Office Building, Shahid Bhagat Singh Marg, P.B.No.10014, Mumbai – 400001. Contact can be made via telephone at 022-22601000, 91-22-22621011/22610943/22610948 or via email at cgmincfidd@rbi.org.in. The RBI cautions the public to be wary of fraudulent communications seeking personal information and clarifies that it never requests bank account details, passwords, or offers funds.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for monetary policy and banking regulation. Lead Bank Scheme: A scheme to improve banking and financial services in districts across the country Union Bank of India: A public sector bank in India, reassigned lead bank responsibility in Ernakulum and Idukki districts. State Bank of India: A public sector bank in India, formerly holding lead bank responsibility in multiple districts. Ernakulum, Kerala: A district in Kerala state, where lead bank responsibility was reassigned. Idukki, Kerala: A district in Kerala state, where lead bank responsibility was reassigned. Seoni, Madhya Pradesh: A district in Madhya Pradesh state, where lead bank responsibility was reassigned. Mumbai, Maharashtra: City in Maharashtra state, where lead bank responsibility was reassigned for Mumbai City and Mumbai Suburban.
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बेटी बचाओ बेटी पढ़ाओ भारतीय �रज़व� ब�क ______________________ RESERVE BANK OF INDIA________________________ www.rbi.org.in RBI/2023-24/139 FIDD.CO.LBS.BC.No.16/02.08.001/2023-24 March 22, 2024 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Reassignment of Lead Bank Responsibility On a review, it has been decided to reassign the lead bank responsibility in the certain districts as specified below: Sr. District District State Erstwhile Lead Lead Bank No Working Bank Responsibility Code assigned to 1 Ernakulum 970 Union Bank of India State Bank of India Kerala 2 Idukki 976 Union Bank of India State Bank of India 3 Seoni 713 Madhya Pradesh Central Bank of India State Bank of India 4 Mumbai City (earlier name 600 Bank of India Bank of Baroda – Mumbai) Maharashtra 5 Mumbai 291 Bank of India Bank of Baroda Suburban 6 Salem 913 Tamil Nadu Indian Bank State Bank of India 2. The above changes will be effective from April 01, 2024. 3. There is no change in the lead banks of other districts across the country. Yours faithfully, (Nisha Nambiar) Chief General Manager-in-Charge �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 प्रस्त ाव भी नह�ं करता है। ऐसे प्रस्त ाव� 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.

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