Introduction: The Reserve Bank of India (RBI) has issued a crucial notification, RBI/2023-24/82, dated November 10, 2023, addressing the formation of 19 new districts in the state of Rajasthan. The notification outlines the assignment of Lead Bank Responsibility for these newly created districts, effective from August 7, 2023.
1. Notification Details: The notification, addressed to the Chairman/Managing Director & CEO of Lead Banks, highlights the government’s gazette notification on the creation of 19 new districts in Rajasthan.
2. Lead Bank Assignments: The RBI has designated specific banks as Lead Banks for each newly formed district. This strategic move aims to streamline financial operations and enhance banking services in the region.
3. District Working Codes: Each new district has been assigned a unique District Working Code, facilitating efficient financial management and record-keeping.
4. No Changes in Existing Districts: The notification clarifies that there are no alterations in the Lead Banks of the existing districts in Rajasthan, ensuring continuity in financial operations.
Conclusion: The Reserve Bank of India’s decision to assign Lead Bank Responsibility for the newly formed districts in Rajasthan reflects a proactive approach towards financial inclusion and management. This strategic move is expected to catalyze economic growth in the region by ensuring effective banking services and financial support. Banks concerned are urged to adhere to the assigned responsibilities for the seamless development of these emerging districts.
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Reserve Bank of India
RBI/2023-24/82
FIDD.CO.LBS.BC. No.11/02.08.001/2023-24
November 10, 2023
The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned
Madam/ Dear Sir,
Formation of new districts in the State of Rajasthan – Assignment of Lead Bank Responsibility
The Government of Rajasthan has notified formation of 19 new districts in the state of Rajasthan vide Gazette Notifications No.9 (18) Raj-1/2022 (1-14) dated August 5, 2023 (effective from August 7, 2023). Accordingly, it has been decided to designate Lead Banks of the new districts as below:
|
Sr. No. |
Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district |
| 1 | Anupgarh | Punjab National Bank | 01W |
| 2 | Balotra | State Bank of India | 01X |
| 3 | Beawar | Bank of Baroda | 01Y |
| 4 | Kekri | Bank of Baroda | 01Z |
| 5 | Deeg | Punjab National Bank | 02A |
| 6 | Didwana-Kuchaman | UCO Bank | 02B |
| 7 | Jaipur | Punjab National Bank | 500 |
| 8 | Dudu | UCO Bank | 02C |
| 9 | Jaipur Rural | State Bank of India | 02D |
| 10 | Gangapur City | Bank of Baroda | 02E |
| 11 | Jodhpur | Punjab National Bank | 530 |
| 12 | Phalodi | UCO Bank | 02F |
| 13 | Jodhpur Rural | ICICI Bank | 02G |
| 14 | Khairthal-Tijara | Punjab National Bank | 02H |
| 15 | Kotputli-Behror | Punjab National Bank | 02I |
| 16 | Neem Ka Thana | State Bank of India | 02J |
| 17 | Salumber | ICICI Bank | 02K |
| 18 | Sanchore | State Bank of India | 02L |
| 19 | Shahpura | Bank of Baroda | 02M |
2. There is no change in the Lead Banks of the other districts in the state of Rajasthan.
Yours faithfully,
(Nisha Nambiar)
Chief General Manager-in-Charge
