What changed
RBI assigned lead bank responsibility for the newly created Bajali district in Assam to UCO Bank. The district was formed from the erstwhile Bajali sub-division of Barpeta district. A new district working code (01O) has been allotted for BSR reporting purposes.
What it means for you
Banks operating in Bajali district must now coordinate with UCO Bank as the lead bank for government schemes and credit planning. The new working code requires banks to update their BSR reporting systems to reflect the new district. No other district's lead bank arrangements in Assam are affected.
What you must do
- Update internal systems with the new district working code 01O for Bajali district in BSR reports.
- Align with UCO Bank as the lead bank for all government-sponsored schemes and priority sector lending in Bajali.
- Ensure branch staff in Bajali are aware of the new lead bank arrangement and reporting requirements.
Who it affects
Banks with branches in Bajali district, Assam, Lead banks of other districts in Assam (no change), UCO Bank (new lead bank for Bajali)
What is the new district working code for Bajali?
The code is 01O (to be read as numeral zero, numeral one, alphabet O) for BSR reporting.
Does this change affect lead banks of other districts in Assam?
No, there is no change in the lead banks of the erstwhile district or any other district in Assam.