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Palwal District Lead Bank Assigned to Oriental Bank of Commerce

Current · Source: Reserve Bank of India · RBI/2008-09/351 · issued 15 Jan 2009 · ~1 min read
Quick answerRBI assigns Lead Bank responsibility for Haryana's new Palwal district to Oriental Bank of Commerce, effective August 13, 2008. Existing districts Faridabad and Mewat remain with Syndicate Bank. No other district changes.
The rule, in the simplest words
How it plays out — a real example

Ramesh, a branch manager at Oriental Bank of Commerce in Palwal, checks the new district map and meets with local bank officers to discuss loan schemes. He explains how OBC’s lead bank role means they coordinate credit planning and help banks reach more customers. Ramesh feels proud to guide his team in building a stronger banking network for the new district.

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

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)

❓ Common questions

Regulatory timeline

Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).

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.

📜 Read the original circular — full text as issued by RBI
RBI/2008-09/351 RPCD.CO.LBS.BC.No. 84 /02.08.01/2008-09 January 15, 2009 The Chairman All Lead Banks Dear Sir, Formation of new district in Haryana – Assignment of Lead Bank responsibility The Revenue and Disaster Management Department, Government of Haryana vide their Gazette Notification No.S.O.69/P.A.17/1887/S.5/2008 dated August 13, 2008 have advised about the formation of new district viz. Palwal carved out of the existing Faridabad and Mewat districts covering Hodal and Palwal Sub-Divisions of Faridabad and Hatheen Sub-Division of Mewat districts, with effect from the date of Notification (i.e. August 13, 2008). 2. It has been decided to assign the Lead Bank responsibility of the new Palwal district to Oriental Bank of Commerce.  The Lead Bank responsibility of existing Faridabad and Mewat districts will, however, continue to be with Syndicate Bank as hitherto. 3. There is no change in the lead bank responsibilities of other districts in the State. Please acknowledge receipt. Yours faithfully, (Molina Chowdhury) Deputy General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2008-09/351 · issued 15 Jan 2009. The plain-English explanation above is BankPulse’s own independent summary.
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Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (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)), your first concrete step on “Palwal District Lead Bank Assigned to Oriental Bank of Commerce” is: “Acknowledge receipt of this circular to RBI.” (RBI issued this 15 Jan 2009).

  1. Circular: RBI/2008-09/351 -- Palwal District Lead Bank Assigned to Oriental Bank of Commerce
  2. Issued: 15 Jan 2009
  3. Action required: Acknowledge receipt of this circular to RBI.
  4. Action required: Update internal records for Lead Bank assignments in Haryana.
  5. Action required: Coordinate with Oriental Bank of Commerce for Palwal district banking plans if you operate there.
  6. Owner: ____________ Target date: ____________
  7. Board/committee approval needed? Y / N
  8. 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.

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Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=4775&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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