RBI Update- Formation of new district in the State of Sikkim – Assignment of Lead Bank Responsibility- 13th February, 2023

Reserve Bank of India vide its Circular dated 13th February, 2023 has informed that 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 assign the lead bank responsibility of the new district, Soreng, as under:

Sr NoNewly Created DistrictErstwhile DistrictLead Bank Responsibility assigned toDistrict Working Code allotted to new district
1SorengWest Sikkim (Gyalshing)State Bank of India01V

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 districts 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.

  Link: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12453&Mode=0  

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