What changed
The Government of Assam created a new district called Hojai via a gazette notification on September 7, 2023. RBI has now assigned State Bank of India as the Lead Bank for this district, with a new district working code of 409. Lead bank responsibilities for all other districts in Assam remain unchanged.
What it means for you
SBI must now coordinate banking services, financial inclusion efforts, and credit planning in Hojai district. Other banks operating in Hojai will need to align with SBI's lead bank functions. This is a routine administrative update that does not alter any regulatory requirements.
What you must do
- If you are SBI's lead bank team for Assam, update internal records to include Hojai district with working code 409.
- All banks with branches in Hojai should coordinate with SBI's lead bank office for district credit plans and financial inclusion targets.
- No action needed for banks in other Assam districts as lead bank assignments remain unchanged.
Who it affects
State Bank of India (lead bank for Hojai), All banks with operations in Hojai district, Assam, RBI's Financial Inclusion and Development Department
When was Hojai district officially formed?
The Government of Assam notified the formation of Hojai district on September 7, 2023, through a gazette notification.
Does this change affect lead banks for other districts in Assam?
No, the RBI circular explicitly states there is no change in the Lead Banks of other districts in Assam.
What is the district working code assigned to Hojai?
The district working code for Hojai is 409, as per the RBI notification.