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


Quick Summary
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 Government of Karnataka vide Gazette Notification No.RD/04/LRD/2019 dated February 08, 2021 had notified the formation of a new district in the State of Karnataka. It has been decided to assign the lead bank responsibility of the new district as under:

Sl No Newly Carved District Erstwhile District Taluks under newly created District Lead Bank Responsibility assigned to District Working Code allotted to new district
1 Vijayanagara Ballari Hosapete
Kudligi
Hagaribommana halli
Kotturu
Hoovina Hadagali
Harapanahalli
State Bank of India 00S
(to be read as zero zero S)

2. Further, the District Working Code of the new district has also been allotted for the purpose of BSR reporting by banks.

3. There is no change in the lead bank responsibilities of the erstwhile district and of other districts in the State of Karnataka.

Yours faithfully,

(Sonali Sen Gupta)
Chief General Manager-in-Charge

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.

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



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