RBI Assigning Lead Bank Responsibilities Following Reorganization of Districts in NCT of Delhi

Key facts

• The Government of National Capital Territory (NCT) of Delhi notified the formation of three new districts—Old Delhi, Central North, and Outer North—and the cessation of Shahdara district.
• Canara Bank was assigned as the Lead Bank for the newly created Old Delhi district.
• State Bank of India was assigned as the Lead Bank for the Central North district.
• Punjab National Bank was assigned as the Lead Bank for the Outer North district.
• Lead Bank responsibilities for existing districts in the NCT of Delhi were reviewed and modified following the reorganization.
• Canara Bank was newly assigned as the Lead Bank for the Central district, replacing State Bank of India.
• Punjab National Bank was newly assigned as the Lead Bank for the Northwest district, replacing Union Bank of India.
• The Lead Bank responsibility previously held by Bank of Baroda for the erstwhile Shahdara district was revoked.