What changed
The Government of Arunachal Pradesh created Anjaw district by splitting Lohit district, effective December 4, 2003. RBI has now assigned SBI as the lead bank for Anjaw district. Lead bank arrangements for all other districts in the state remain unchanged.
What it means for you
SBI must now coordinate banking development and credit planning for Anjaw district, including preparing district credit plans and convening bankers' meetings. Other banks operating in Anjaw will need to align with SBI's lead bank initiatives. This ensures structured financial inclusion in the new district.
What you must do
- SBI should immediately initiate lead bank activities in Anjaw district, including formation of District Consultative Committee.
- Other banks with branches in Anjaw must participate in lead bank meetings and credit planning exercises coordinated by SBI.
- All lead banks should update their records to reflect the new district boundaries and lead bank assignment.
Who it affects
State Bank of India, All banks operating in Arunachal Pradesh, Lead banks of other districts in Arunachal Pradesh
When was Anjaw district formed?
The district was formed with effect from December 4, 2003, by bifurcating Lohit district, as per a government notification dated February 16, 2004.
Does this change affect lead bank responsibilities for other districts?
No, the lead bank responsibilities for all other districts in Arunachal Pradesh remain unchanged.