What changed
The Revenue Department of Chhattisgarh notified nine new districts effective January 1, 2012. RBI has now assigned lead bank responsibilities for these districts: SBI for Sukma, Kondagaon, Balodabazar, Bemetara, and Mungeli; Dena Bank for Gariyaband and Balod; Central Bank of India for Surajpur and Balrampur. New district working codes have been provided for BSR reporting.
What it means for you
Banks operating in these new districts must align their branch-level reporting and lead bank coordination with the assigned lead banks. The lead banks will drive financial inclusion, credit planning, and government scheme implementation in their respective districts. Existing lead bank responsibilities for the erstwhile and other districts remain unchanged.
What you must do
- Update internal systems with the new district working codes for BSR reporting.
- Coordinate with the assigned lead bank for each new district for credit planning and financial inclusion activities.
- Ensure branch staff are aware of the new district boundaries and lead bank responsibilities.
- Review any existing district-level plans to incorporate the new district structure.
Who it affects
Lead banks (SBI, Dena Bank, Central Bank of India), All banks with branches in the nine new districts of Chhattisgarh, District-level banking committees and financial inclusion teams
Which banks are the new lead banks for the nine districts?
SBI is lead bank for Sukma, Kondagaon, Balodabazar, Bemetara, and Mungeli. Dena Bank is lead for Gariyaband and Balod. Central Bank of India is lead for Surajpur and Balrampur.
Do the lead bank responsibilities for the original districts change?
No, the circular explicitly states there is no change in lead bank responsibilities for the erstwhile districts or other districts in the state.
What are the district working codes used for?
The new district working codes are allotted for BSR (Basic Statistical Returns) reporting by banks, which is used for regulatory data collection.