What changed
The Government of Haryana created Palwal district from parts of Faridabad and Mewat districts. RBI has now assigned Lead Bank responsibility for Palwal to Oriental Bank of Commerce, while Syndicate Bank continues for Faridabad and Mewat.
What it means for you
Oriental Bank of Commerce must now coordinate banking development in Palwal district, including credit planning and financial inclusion. Other banks operating in Palwal will need to align with OBC's lead bank initiatives. No changes for other Haryana districts.
What you must do
- Acknowledge receipt of this circular to RBI.
- Update internal records for Lead Bank assignments in Haryana.
- Coordinate with Oriental Bank of Commerce for Palwal district banking plans if you operate there.
Who it affects
Oriental Bank of Commerce (new Lead Bank for Palwal), Syndicate Bank (continues for Faridabad and Mewat), All banks operating in Palwal district, Lead banks in other Haryana districts (no change)
When did Palwal district become effective?
The Haryana government notification took effect on August 13, 2008.
Which areas form the new Palwal district?
Palwal district includes Hodal and Palwal Sub-Divisions from Faridabad district and Hatheen Sub-Division from Mewat district.
Does this affect Lead Bank responsibilities in other Haryana districts?
No, only Palwal is newly assigned. Faridabad and Mewat remain with Syndicate Bank, and other districts are unchanged.