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Lead Bank for New Prabudh Nagar District Assigned to PNB

Current · Source: Reserve Bank of India · RBI/2011-12/422 · issued 28 Sep 2011 · ~1 min read
Quick answerRBI assigns Punjab National Bank as lead bank for the newly formed Prabudh Nagar district in Uttar Pradesh, carved from Muzaffarnagar. The district code is 315. No other district lead bank responsibilities change.
The rule, in the simplest words
How it plays out — a real example

A branch operations officer in Muzaffarnagar receives a notice that a customer's address is now in the new Prabudh Nagar district. She updates her records to use district code 315 and contacts Punjab National Bank's lead bank team in Shamli to coordinate credit planning for that area.

What changed

The Government of Uttar Pradesh created Prabudh Nagar district (headquarters at Shamli) from Muzaffarnagar, effective September 28, 2011. RBI has now assigned Punjab National Bank as the lead bank for this new district. The district working code 315 has been allotted for reporting purposes.

What it means for you

Punjab National Bank will now coordinate banking development and credit planning in Prabudh Nagar. Other banks operating in the district must align with PNB's lead bank functions. No other district in Uttar Pradesh sees any change in lead bank responsibilities.

What you must do

Who it affects

Punjab National Bank (new lead bank for Prabudh Nagar), All banks operating in Muzaffarnagar and Prabudh Nagar districts, Lead banks of other Uttar Pradesh 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).

What is the new district code for Prabudh Nagar?

The district working code 315 has been allotted for reporting purposes.

Which bank is the lead bank for Prabudh Nagar?

Punjab National Bank has been assigned the lead bank responsibility for the new district.

Does this affect lead bank responsibilities in other Uttar Pradesh districts?

No, there is no change in lead bank responsibilities for any other district in the state.

📜 Read the original circular — full text as issued by RBI
RBI/2011-12/422 RPCD.CO.LBS. BC.No. 62/02.08.01/2011-12 01 March, 2012 The Chairmen/CMD All Lead Banks Dear Sir/Madam, Assignment of Lead Bank responsibility- Newly formed district of Prabudh Nagar in the State of Uttar Pradesh The Government of Uttar Pradesh vide their Gazette Notification No. 2875/1-5-2011-155/2011-R-5 dated September 28, 2011 has advised about the constitution of a new district viz. Prabudh Nagar with effect from September 28, 2011. The new district with its headquarter at Shamli has been carved out from the existing Mujaffarnagar and comprises of two Tehsils viz. Shamli & Kairana. 2. It has been decided to assign the lead bank responsibility of the new district Prabudh Nagar to Punjab National Bank. There is no change in the lead bank responsibilities of other districts in the State. 3. The newly formed district Prabudh Nagar has been allotted District working code 315 for the purpose of reporting. Yours faithfully, (Ajay Kumar Misra) General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2011-12/422 · issued 28 Sep 2011. 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 (Punjab National Bank (new lead bank for Prabudh Nagar), All banks operating in Muzaffarnagar and Prabudh Nagar districts, Lead banks of other Uttar Pradesh districts (no change)), your first concrete step on “Lead Bank for New Prabudh Nagar District Assigned to PNB” is: “Update internal records to reflect Prabudh Nagar as a separate district with code 315” (RBI issued this 28 Sep 2011).

  1. Circular: RBI/2011-12/422 -- Lead Bank for New Prabudh Nagar District Assigned to PNB
  2. Issued: 28 Sep 2011
  3. Action required: Update internal records to reflect Prabudh Nagar as a separate district with code 315
  4. Action required: Coordinate with Punjab National Bank for lead bank activities in the new district
  5. Action required: Ensure all reporting and data submissions use the new district code 315
  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=7035&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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