Lead Bank Assignment for New Districts in Andhra Pradesh
Current · Source: Reserve Bank of India · RBI/2026-27/09 · issued 10 Apr 2026 · ~1 min read
Quick answerRBI assigns Union Bank of India as Lead Bank for the new districts Polavaram and Markapuram in Andhra Pradesh.
The rule, in the simplest words
The government of Andhra Pradesh made two new districts called Polavaram and Markapuram.
RBI (the big bank boss) picked Union Bank of India to be the Lead Bank (the main bank that helps organize other banks) for these two new districts.
The Lead Bank codes for these districts are 02X (say: zero-two-X) and 02Y (say: zero-two-Y).
No other district in Andhra Pradesh changed its Lead Bank.
How it plays out — a real example
A branch manager at Union Bank of India in Guntur, who oversees the new district Markapuram, updates her bank's internal system to show that Union Bank is now the Lead Bank there. She also tells her team to follow RBI rules for Lead Bank duties, like coordinating with other banks in the district.
What changed
The Government of Andhra Pradesh notified the formation of two new districts: Polavaram and Markapuram, vide Gazette Notifications dated December 30, 2025.
RBI has assigned Union Bank of India as the Lead Bank for these new districts.
The Lead Bank codes for the new districts are 02X (to be read as 'Numeral Zero, Numeral Two and Alphabet X') and 02Y (to be read as 'Numeral Zero, Numeral Two and Alphabet Y').
What it means for you
This change affects the Lead Bank responsibility for the new districts Polavaram and Markapuram.
There is no change in the Lead Banks of other districts in Andhra Pradesh.
What you must do
Update records and procedures to reflect the new Lead Bank assignments for Polavaram and Markapuram.
Ensure compliance with RBI guidelines and regulations regarding Lead Bank responsibilities.
Who it affects
Banks operating in Andhra Pradesh, particularly those in the new districts, Lead Banks concerned
❓ Common questions
What are the new Lead Bank codes for the districts?
The Lead Bank codes for the new districts are 02X (to be read as 'Numeral Zero, Numeral Two and Alphabet X') and 02Y (to be read as 'Numeral Zero, Numeral Two and Alphabet Y').
Which bank has been assigned as the Lead Bank for the new districts?
Union Bank of India has been assigned as the Lead Bank for the new districts Polavaram and Markapuram.
📜 Read the original circular — full text as issued by RBI
RBI/2026-27/09
FIDD.CO.LBS.BC.No.01/02.08.001/2026-27
April 10, 2026
The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned
Madam/ Dear Sir,
Formation of new districts in the State of Andhra Pradesh –
Assignment of Lead Bank Responsibility
The Government of Andhra Pradesh has notified formation of two new districts, viz., Polavaram, and Markapuram in the state of Andhra Pradesh vide Gazette Notification No. G.O. MS. No. 517 Revenue (Lands-IV) Department and G.O. MS. No. 524 Revenue (Lands-IV) Department, respectively, both dated December 30, 2025. Accordingly, it has been decided to designate the Lead Bank of the new districts as below:
Sr No
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2026-27/09 · issued 10 Apr 2026. The plain-English explanation above is BankPulse’s own independent summary.
Update records and procedures to reflect the new Lead Bank assignments for Polavaram and Markapuram.
📜 Compliance
Ensure compliance with RBI guidelines and regulations regarding Lead Bank responsibilities.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are an Operations officer at a bank this circular applies to (Banks operating in Andhra Pradesh, particularly those in the new districts, Lead Banks concerned), your first concrete step on “Lead Bank Assignment for New Districts in Andhra Pradesh” is: “Update records and procedures to reflect the new Lead Bank assignments for Polavaram and Markapuram.” (RBI issued this 10 Apr 2026).
Circular: RBI/2026-27/09 -- Lead Bank Assignment for New Districts in Andhra Pradesh
Issued: 10 Apr 2026
Action required: Update records and procedures to reflect the new Lead Bank assignments for Polavaram and Markapuram.
Action required: Ensure compliance with RBI guidelines and regulations regarding Lead Bank responsibilities.
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.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 02 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=13368&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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