What changed
The Government of Haryana created Mewat district from parts of Gurgaon and Faridabad effective April 4, 2005. RBI assigned Syndicate Bank as the Lead Bank for this new district. Lead bank responsibilities for all other districts in Haryana remain unchanged.
What it means for you
Syndicate Bank now coordinates credit planning and development in Mewat district. Other banks operating in Mewat must work with Syndicate Bank for district credit plans and priority sector targets. This ensures focused banking outreach in the newly formed area.
What you must do
- Update internal records to reflect Syndicate Bank as Lead Bank for Mewat district.
- Coordinate with Syndicate Bank for district credit plan formulation and implementation in Mewat.
- Ensure branch-level alignment with new lead bank arrangements for priority sector lending in Mewat.
Who it affects
Syndicate Bank (now Lead Bank for Mewat), All banks with branches in Mewat district, Banks operating in Gurgaon and Faridabad districts (no change in their lead bank)
What is the effective date for the new Mewat district?
The Government of Haryana notification dated April 4, 2005, created Mewat district effective from that same date.
Does this change affect lead bank responsibilities for other Haryana districts?
No, the RBI circular explicitly states there is no change in lead bank responsibilities for other districts in the state.