What changed
RBI has assigned lead bank responsibility for the new Leparada district in Arunachal Pradesh to State Bank of India. The district was formed from the erstwhile Lower Siang district via a state gazette notification in October 2018. A new district working code (00R) has been allotted for BSR reporting purposes.
What it means for you
Banks operating in Arunachal Pradesh must update their records to reflect the new Leparada district and its working code for BSR submissions. SBI will coordinate banking development and financial inclusion efforts in this new district. Other districts' lead bank arrangements remain unchanged.
What you must do
- Update internal systems with the new district name 'Leparada' and its working code '00R' for BSR reporting.
- Ensure branch-level data reporting aligns with the new district boundaries carved from Lower Siang.
- Coordinate with State Bank of India as the lead bank for any district-level banking initiatives in Leparada.
Who it affects
State Bank of India (lead bank for Leparada), All banks with branches in Arunachal Pradesh, Banks reporting BSR data for Arunachal Pradesh districts
What is the new district working code for Leparada?
The district working code allotted is '00R' (to be read as numeral zero, numeral zero, alphabet R) for BSR reporting purposes.
Does this change affect lead bank assignments for other districts in Arunachal Pradesh?
No, there is no change in the lead bank of the erstwhile Lower Siang district or any other district in the state.