What changed
The Government of Gujarat created seven new districts in August 2013. RBI has now assigned lead bank responsibility for each new district to a specific bank and allotted new district working codes for BSR reporting.
What it means for you
Banks must update their branch mapping and BSR reporting to reflect the new district codes. Lead banks for these districts will now coordinate credit planning and financial inclusion efforts in their assigned areas. No changes apply to lead bank responsibilities for existing districts.
What you must do
- Update internal systems with new district working codes for BSR reporting.
- Ensure branches in new districts align reporting under the correct lead bank.
- Coordinate with the assigned lead bank for credit and development plans in the new districts.
Who it affects
Lead banks in Gujarat (Dena Bank, Bank of Baroda, State Bank of India), All banks operating in the seven new Gujarat districts, Branches in Arvalli, Botad, Chhotaudepur, Devbhumi Dwarka, Gir Somnath, Mahisagar, and Morbi
Which banks got lead bank responsibility for the new districts?
Dena Bank got Arvalli, Botad, and Devbhumi Dwarka; Bank of Baroda got Chhotaudepur and Mahisagar; State Bank of India got Gir Somnath and Morbi.
Do existing lead bank responsibilities change?
No, the circular explicitly states there is no change in lead bank responsibilities for erstwhile or other districts in Gujarat.
What are district working codes used for?
They are used for BSR (Basic Statistical Returns) reporting by banks to RBI.