What changed
The Government of Chhattisgarh created two new districts—Narayanpur (from Bastar) and Bijapur (from Dantewada)—effective May 1, 2007. RBI has now assigned State Bank of India as the Lead Bank for both new districts. Lead bank responsibilities for all other districts in the state remain unchanged.
What it means for you
State Bank of India must now coordinate banking development and credit planning in these two new districts. Other banks operating in Bastar and Dantewada should note the reallocation of lead bank oversight. This ensures focused financial inclusion and priority sector lending in these newly formed administrative areas.
What you must do
- State Bank of India should initiate lead bank activities in Narayanpur and Bijapur districts immediately.
- All banks in Bastar and Dantewada should update their branch records to reflect the new district boundaries.
- Lead banks of other districts need not take any action as their responsibilities remain unchanged.
Who it affects
State Bank of India (new lead bank for Narayanpur and Bijapur), Banks operating in Bastar and Dantewada districts, All lead banks in Chhattisgarh
Which banks are affected by this change?
State Bank of India is directly affected as it takes on lead bank duties for Narayanpur and Bijapur. Other banks in Bastar and Dantewada should adjust their district-level reporting.
When did the new districts come into effect?
The districts were formed on May 1, 2007, per the Chhattisgarh government's gazette notification. RBI's circular was issued on July 14, 2008, formalizing the lead bank assignment.
Are there any changes to lead bank responsibilities in other districts?
No. The circular explicitly states that lead bank responsibilities for all other districts in Chhattisgarh remain unchanged.