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Assignment of Lead Bank Responsibility in districts of Metropolitan Areas

RBI/2013-14/130
RPCD.CO.LBS.BC.No.12/02.08.001/2013-14

July 11, 2013

The Chairmen & Managing Directors
All Lead Banks

Dear Sir/Madam,

Assignment of Lead Bank Responsibility in districts of Metropolitan Areas

Please refer to paragraph 70 of Monetary Policy Statement 2013-14, in terms of which it was decided to bring all districts in metropolitan areas under the fold of the lead bank scheme.

2. Accordingly, it has been decided to assign the lead bank responsibility in districts of Metropolitan areas of Delhi, Mumbai, Chennai, Kolkata and Hyderabad as detailed below:-

SR
No.

Name of the Metro Centre

Name of the District

Lead Bank Responsibility assigned to

District Working Codes allotted

1 Delhi New Delhi Canara Bank

290

2 Central Delhi Canara Bank

358

3 North Delhi Oriental Bank of Commerce

360

4 North West Delhi Punjab National Bank

362

5 West Delhi Canara Bank

363

6 South West Delhi State Bank of India

364

7 South Delhi State Bank of India

365

8 North East Delhi Punjab National Bank

366

9 East Delhi Punjab National Bank

367

10 South East Delhi State Bank of India

368

11 Shahdara Bank of Baroda

369

12 Mumbai Mumbai City Bank of India

600

13 Mumbai Suburb Bank of India

291

14 Chennai Chennai Indian Overseas Bank

900

15 Kolkata Kolkata State Bank of India

100

16 Hyderabad Hyderabad State Bank of Hyderabad

800

District Working Codes have been allotted for the purpose of BSR reporting by banks.

3. In view of the assignment of lead bank responsibility in the 11 districts of metropolitan areas of Delhi, the lead bank responsibility of the erstwhile district Delhi (Rural) assigned to State Bank of India is treated as withdrawn. SBI is expected to extend necessary support for smooth transition of lead bank responsibility in districts of Delhi.

4. It is advised that necessary arrangements for implementation of lead bank scheme in above districts may be put in place immediately.

Yours faithfully

(A. Udgata)
Principal Chief General Manager

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Para 70 

Lead Bank Scheme – Metropolitan Areas

70. At present, the Lead Bank Scheme (LBS) is applicable to all districts in the country, excluding districts in metropolitan areas. However, the challenge of financial exclusion is widespread in metropolitan areas also, especially amongst the disadvantaged and low-income groups. With the objective of providing an institutional mechanism for coordination between government authorities and banks, facilitating doorstep banking to the excluded segment of urban poor, and to implement DBT, it has been decided to:

¢ bring all districts in metropolitan areas under the fold of the LBS.

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