Lead Bank Responsibility for New Agar-Malwa District
Current · Source: Reserve Bank of India · RBI/2013-14/360 · issued 06 Nov 2013 · ~1 min read
Quick answerRBI assigns Bank of India as lead bank for the newly formed Agar-Malwa district in Madhya Pradesh, effective August 16, 2013. No changes to other districts.
The rule, in the simplest words
Bank of India is now the lead bank for the new Agar‑Malwa district (the bank that coordinates all banking work there).
When sending BSR reports for Agar‑Malwa, use district working code 377 (the special number for that district).
All other banks in Agar‑Malwa must work with Bank of India for district‑level credit planning and financial‑inclusion projects.
Lead‑bank duties for Shajapur and all other districts stay the same (no change).
How it plays out — a real example
Ramesh, a senior loan officer at Bank of India in Indore, starts his day by updating the branch’s system to show Bank of India as the lead bank for Agar‑Malwa, prepares the monthly BSR report using code 377, and then calls the branch managers of other banks in the area to coordinate credit‑planning meetings, ensuring everyone follows the new lead‑bank arrangement.
What changed
The Government of Madhya Pradesh carved out a new district, Agar-Malwa, from Shajapur district by including tehsils Agar, Barod, Susner, and Nalkhera. RBI has assigned Bank of India as the lead bank for this new district and allotted a district working code (377) for BSR reporting.
What it means for you
Bank of India now holds lead bank responsibility for coordinating banking activities in Agar-Malwa district. Other banks operating in the area must align their reporting and outreach with Bank of India. The lead bank responsibilities for Shajapur and other districts remain unchanged.
What you must do
Update internal records to reflect Bank of India as lead bank for Agar-Malwa district.
Use district working code 377 for all BSR reporting related to Agar-Malwa.
Coordinate with Bank of India for district-level credit planning and financial inclusion initiatives.
Who it affects
All banks operating in Agar-Malwa district, Bank of India (as lead bank), Banks in Shajapur district (no change but need awareness)
❓ Common questions
Regulatory timeline
Stated effective dateeffective August 16, 2013
Decoded by BankPulse2026-06-18 11:55 IST
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
What is the effective date for the new district formation?
The new district Agar-Malwa was created with effect from August 16, 2013, as per the Madhya Pradesh government notification.
Does this change affect lead bank responsibilities for other districts?
No, the lead bank responsibilities for the erstwhile Shajapur district and all other districts in Madhya Pradesh remain unchanged.
What is the district working code for Agar-Malwa?
The district working code allotted for Agar-Malwa is 377, to be used for BSR reporting by banks.
📜 Read the original circular — full text as issued by RBI
RBI/2013-14/360
RPCD.CO.LBS.BC.No. 54 /02.08.001/2013-14
November 6, 2013
The Chairmen & Managing Directors
All Lead Banks
Dear Sir/Madam,
Formation of a new district in the State of Madhya Pradesh -
Assignment of Lead Bank Responsibility
The Government of Madhya Pradesh vide Notification No. F I-12-2005-VII-06 dated August 14, 2013 had notified that the State Government has altered the limits of district Shajapur by excluding there from its tehsils, Agar, Barod, Susner and Nalkhera and created a new district Agar-Malwa with effect from August 16, 2013 by comprising these tehsils. It has been decided to assign the lead bank responsibility of the new district as detailed below:-
Sr
No
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2013-14/360 · issued 06 Nov 2013. The plain-English explanation above is BankPulse’s own independent summary.
Example: if you are a Compliance officer at a bank this circular applies to (All banks operating in Agar-Malwa district, Bank of India (as lead bank), Banks in Shajapur district (no change but need awareness)), your first concrete step on “Lead Bank Responsibility for New Agar-Malwa District” is: “Update internal records to reflect Bank of India as lead bank for Agar-Malwa district.” (RBI issued this 06 Nov 2013).
Circular: RBI/2013-14/360 -- Lead Bank Responsibility for New Agar-Malwa District
Issued: 06 Nov 2013
Action required: Update internal records to reflect Bank of India as lead bank for Agar-Malwa district.
Action required: Use district working code 377 for all BSR reporting related to Agar-Malwa.
Action required: Coordinate with Bank of India for district-level credit planning and financial inclusion initiatives.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
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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BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=8554&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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