The Reserve Bank of India has announced the assignment of Lead Bank responsibility for a newly formed district in Tamil Nadu. The Mayiladuthurai district, carved out of Nagapattinam, will now have Indian Overseas Bank as its Lead Bank. A new working code has also been allocated for this district.
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 lea
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FAQ :
A new district has been formed in the State of Tamil Nadu, named Mayiladuthurai.
Indian Overseas Bank has been assigned the Lead Bank responsibility for the new Mayiladuthurai district.
The new Mayiladuthurai district was carved out from the erstwhile Nagapattinam district.
The District Working Code allotted to the new Mayiladuthurai district is 00Q (zero zero Q).
No, there is no change in the lead bank responsibilities for the erstwhile district or any other districts in the State of Tamil Nadu.
Source : https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12076&Mode=0