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RBI Update: Formation of new district in the State of Sikkim – Assignment of Lead Bank Responsibility dated 13th January, 2023
Mehta & Mehta > RBI Updates > RBI Update: Formation of new district in the State of Sikkim – Assignment of Lead Bank Responsibility dated 13th January, 2023
Reserve Bank of India vide its Circular dated 13th January, 2023 informed that the Government of Sikkim vide Gazette Notification No.50/LR&DMD/ACQ/GOS dated December 20, 2021 had notified formation of a new district in the state of Sikkim. Accordingly, it has been decided to designate Lead Banks of the new district, Pakyong, as under:
Sr No
Newly Created District
Erstwhile District
Lead Bank Responsibility assigned to
District Working Code allotted to new district
1
Pakyong
East Sikkim
Central Bank of India
01U
The above District Working Code of the new district has been allotted for the purpose of BSR reporting by banks and there would be no change in the Lead Banks of the earlier district and other districts in the state of Sikkim.
This Circular is applicable to all the Lead Banks Concerned and shall come into force with immediate effect.