Formation of new district in the State of Tamil Nadu – 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 Tamil Nadu. The new district, Mayiladuthurai, carved out from Nagapattinam, will have Indian Overseas Bank as its Lead Bank. A specific District Working Code has also been allocated for reporting purposes. Importantly, this change does not affect the lead bank responsibilities for the original Nagapattinam district or any other districts within Tamil Nadu.

Reserve Bank of India

RBI/2021-22/22
FIDD.CO.LBS.BC.No.09/02.08.001/2021-22

April 20, 2021

The Chairmen / Managing Directors & Chief Executive Officers
All Lead Banks

Madam/ Dear Sir,

Formation of new district in the State of Tamil Nadu –Assignment of Lead Bank Responsibility

The Government of Tamil Nadu vide Gazette Notifications G.O.Ms. No.797 dated December 28, 2020 had notified the formation of a new district in the State of Tamil Nadu. It has been decided to assign the lead bank responsibility of the new district as under:

Sr No Newly Carved District Erstwhile
District
Revenue Divisions

under     newly
created District

Lead Bank Responsibility assigned to District Working Code allotted to new district
1 Mayiladuthurai Nagapattinam Mayiladuthurai and Sirkali (New) Indian Overseas Bank 00Q (to be read as zero

zero Q)

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 Tamil Nadu.

Yours faithfully,

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

FAQ :

A new district named Mayiladuthurai has been formed in the State of Tamil Nadu.

Indian Overseas Bank has been assigned the Lead Bank responsibility for the newly formed Mayiladuthurai district.

Mayiladuthurai district was carved out from the erstwhile Nagapattinam district.

Yes, the District Working Code '00Q' has been allotted to the new Mayiladuthurai district for BSR reporting by banks.

No, there are no changes in the lead bank responsibilities of the erstwhile district (Nagapattinam) or any other districts in the State of Tamil Nadu.

 

Guest
Notification No : RBI/2021-22/22 FIDD.CO.LBS.BC.No.09/02.08.001/2021-22
Published in Community & General
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12076&Mode=0

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