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SBI assigned lead bank for new Nagaland district Meluri

Current · Source: Reserve Bank of India · RBI/2024-25/102 · issued 02 Jan 2025 · ~1 min read
Quick answerRBI has designated State Bank of India as the lead bank for the newly created Meluri district in Nagaland, effective from the state's November 2024 gazette notification. Other districts' lead banks remain unchanged.
The rule, in the simplest words
How it plays out — a real example

Rohit, a senior branch manager of SBI in Dimapur, reads the RBI circular each morning, updates his team’s district list with Meluri (code 02R), and then schedules a friendly meeting with the SBI lead‑bank office to plan a new financial‑inclusion program for the people of Meluri.

What changed

The Government of Nagaland created a new district called Meluri via a gazette notification dated November 2, 2024. RBI has now assigned State Bank of India as the lead bank for this district, with a new district working code of 02R. No other district in Nagaland sees any change in lead bank responsibility.

What it means for you

SBI must now coordinate banking development and financial inclusion efforts in Meluri district. Other lenders operating in Nagaland should note the new district boundaries and work with SBI for any district-level planning. This is a routine administrative update that does not alter any regulatory requirements.

What you must do

Who it affects

State Bank of India (lead bank for Meluri), All banks with operations in Nagaland, RBI's Financial Inclusion and Development Department

❓ Common questions

When was Meluri district officially created?

The Government of Nagaland notified the creation of Meluri district on November 2, 2024, through a gazette notification.

Does this change affect lead banks for other districts in Nagaland?

No, RBI has explicitly stated there is no change in the lead banks of other districts in Nagaland.

What is the district working code for Meluri?

The working code assigned to Meluri is 02R, which should be read as numeral zero, numeral two, and alphabet R.

📜 Read the original circular — full text as issued by RBI
RBI/2024-25/102 FIDD.CO.LBS.BC.No.11/02.08.001/2024-25 January 02, 2025 The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned Madam/ Dear Sir, Formation of new district in the State of Nagaland – Assignment of Lead Bank Responsibility The Government of Nagaland has notified formation of a new district, viz., Meluri in the state of Nagaland vide Gazette Notification No.GAB-I/Adm-1/CREATION/21 dated November 02, 2024. Accordingly, it has been decided to designate the Lead Bank of the new district as below: Sr. No.
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2024-25/102 · issued 02 Jan 2025. The plain-English explanation above is BankPulse’s own independent summary.
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Who does what — compliance checklist
🏦 Branch Manager
  • Ensure branch and ATM location data aligns with the new district boundaries
📜 Compliance
  • Update internal records to reflect Meluri as a separate district with working code 02R
  • Coordinate with SBI's lead bank office for any district-level financial inclusion initiatives
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template

Example: if you are a Compliance officer at a bank this circular applies to (State Bank of India (lead bank for Meluri), All banks with operations in Nagaland, RBI's Financial Inclusion and Development Department), your first concrete step on “SBI assigned lead bank for new Nagaland district Meluri” is: “Update internal records to reflect Meluri as a separate district with working code 02R” (RBI issued this 02 Jan 2025).

  1. Circular: RBI/2024-25/102 -- SBI assigned lead bank for new Nagaland district Meluri
  2. Issued: 02 Jan 2025
  3. Action required: Update internal records to reflect Meluri as a separate district with working code 02R
  4. Action required: Coordinate with SBI's lead bank office for any district-level financial inclusion initiatives
  5. Action required: Ensure branch and ATM location data aligns with the new district boundaries
  6. Owner: ____________ Target date: ____________
  7. Board/committee approval needed? Y / N
  8. 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=12762&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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