Current · Source: Reserve Bank of India · RBI/2008-09/130 · issued 18 Aug 2008 · ~1 min read
Quick answerRBI assigned lead bank responsibilities for two new Madhya Pradesh districts: Bank of Baroda for Alirajpur and Union Bank of India for Singrauli. Existing lead banks for reorganised Jhabua and Sidhi districts remain unchanged.
The rule, in the simplest words
Banks with lead responsibilities in new districts must coordinate credit planning and financial inclusion efforts.
Lead bank duties for reorganised Jhabua and Sidhi districts remain unchanged.
New districts Alirajpur and Singrauli were formed in Madhya Pradesh from parts of Jhabua and Sidhi districts respectively.
How it plays out — a real example
As a lead bank officer in Alirajpur, I will work closely with Bank of Baroda to ensure that our credit planning and financial inclusion efforts are aligned with the new district boundaries. This will help us better serve the needs of the local community and promote economic growth in the region.
What changed
Two new districts, Alirajpur and Singrauli, were formed in Madhya Pradesh from parts of Jhabua and Sidhi districts respectively. RBI assigned lead bank responsibility for Alirajpur to Bank of Baroda and for Singrauli to Union Bank of India. Lead bank duties for the reorganised Jhabua and Sidhi districts continue with the same banks as before.
What it means for you
Banks with lead responsibilities in these new districts must now coordinate credit planning and financial inclusion efforts in Alirajpur and Singrauli. Other districts in Madhya Pradesh see no change in lead bank assignments. This ensures clear accountability for banking development in the newly carved areas.
What you must do
Update internal records to reflect lead bank assignments for Alirajpur (Bank of Baroda) and Singrauli (Union Bank of India).
Ensure branch network and credit plans align with the new district boundaries and lead bank coordination.
Communicate the changes to relevant regional offices and district-level banking committees.
Who it affects
Bank of Baroda (lead bank for Alirajpur), Union Bank of India (lead bank for Singrauli), Banks operating in Jhabua and Sidhi districts, All lead banks in Madhya Pradesh
❓ Common questions
Which banks are the new lead banks for Alirajpur and Singrauli?
Bank of Baroda is the lead bank for Alirajpur district, and Union Bank of India is the lead bank for Singrauli district.
Do the lead bank responsibilities change for Jhabua and Sidhi districts?
No, the lead bank responsibilities for the reorganised Jhabua and Sidhi districts remain with Bank of Baroda and Union Bank of India respectively, as before.
📜 Read the original circular — full text as issued by RBI
RBI/2008-09/130
RPCD.CO.LBS.BC.No.20/02.08.01/2008-09
August 18, 2008
The Chairman,
All Lead Banks
Dear Sir,
Formation of new districts in Madhya Pradesh – Assignment of Lead Bank responsibilities
The Revenue Department, Government of Madhya Pradesh, Bhopal vide their Gazette Notification Nos. F-1-40-VII-05.S.6 and F-1-1-2007-VII-S.6 dated May 17, 2008 and May 15, 2008 have advised about the formation of two new districts viz. Alirajpur & Singrauli, respectively. The newly reconstituted Alirajpur district covering Alirajpur, Jobat & Bhavra Tehsils, has been carved out of the erstwhile Jhabua district whereas newly created Singrauli district covering Devsar, Chitrangi and Singrauli Tehsils, has been carved out of the erstwhile Sidhi district. Both the new districts have come into existence with effect from May 17, 2008 and May 24, 2008, respectively.
2. It has been decided to assign the Lead Bank responsibility of the new Alirajpur district to Bank of Baroda and Singrauli district to Union Bank of India. The Lead Bank responsibility of the reorganised Jhabua and Sidhi districts will, however, continue to be with the Bank of Baroda and Union Bank of India respectively as hitherto.
3. There is no change in the lead bank responsibilities of other districts in the State.
Yours faithfully,
( R. Sebastian )
General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2008-09/130 · issued 18 Aug 2008. The plain-English explanation above is BankPulse’s own independent summary.
Ensure branch network and credit plans align with the new district boundaries and lead bank coordination.
📜 Compliance
Update internal records to reflect lead bank assignments for Alirajpur (Bank of Baroda) and Singrauli (Union Bank of India).
Communicate the changes to relevant regional offices and district-level banking committees.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Compliance officer at a bank this circular applies to (Bank of Baroda (lead bank for Alirajpur), Union Bank of India (lead bank for Singrauli), Banks operating in Jhabua and Sidhi districts, All lead banks in Madhya Pradesh), your first concrete step on “Lead Bank Duties for New MP Districts Assigned” is: “Update internal records to reflect lead bank assignments for Alirajpur (Bank of Baroda) and Singrauli (Union Bank of India).” (RBI issued this 18 Aug 2008).
Circular: RBI/2008-09/130 -- Lead Bank Duties for New MP Districts Assigned
Issued: 18 Aug 2008
Action required: Update internal records to reflect lead bank assignments for Alirajpur (Bank of Baroda) and Singrauli (Union Bank of India).
Action required: Ensure branch network and credit plans align with the new district boundaries and lead bank coordination.
Action required: Communicate the changes to relevant regional offices and district-level banking committees.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 05 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=4423&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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