Formation of new district in the State of Karnataka - Assignment of Lead Bank Responsibility

Last updated: 28 May 2021

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The Reserve Bank of India has announced the assignment of Lead Bank responsibility for a newly formed district in Karnataka. The Government of Karnataka officially notified the creation of this new district on February 8, 2021. The State Bank of India has been assigned as the Lead Bank for the Vijayanagara district, which includes taluks like Hosapete and Kudligi.

Reserve Bank of India RBI/2021-22/43 FIDD.CO.LBS.BC.No.11/02.08.001/2021-22 May 27, 2021 The Chairman / Managing Director Chief Executive Officer All Lead Banks Dear Sir/Madam, Formation of new district in the State of Karnataka Assignment of Lead Bank Responsibility The Govern

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FAQ :

This notification announces the assignment of Lead Bank responsibility for a newly formed district in Karnataka.

The new district in Karnataka was officially notified by the Government of Karnataka on February 8, 2021.

The newly formed district is Vijayanagara.

The State Bank of India has been assigned Lead Bank responsibility for the Vijayanagara district.

No, there is no change in the lead bank responsibilities of the erstwhile district or any other districts in Karnataka.

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Notification No : RBI/2021-22/43 FIDD.CO.LBS.BC.No.11/02.08.001/2021-22
Published in Community & General
Source : https://www.rbi.org.in/scripts/NotificationUser.aspx?Id=12101&Mode=0

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