RBI Assigns Lead Bank Responsibility to Canara Bank for Newly Created Bajali District in Assam
The Reserve Bank of India (RBI) has assigned lead bank responsibility to Canara Bank for the newly created Bajali district in Assam.
The Government of Assam had notified the creation of Bajali district through a Gazette Notification dated October 11, 2023. Later, the jurisdictional boundaries of the district were officially notified by the state government on October 21, 2024.
Following the formation of the new district, the RBI has decided to assign the lead bank responsibility of Bajali district to Canara Bank. The bank will be responsible for coordinating banking and financial inclusion activities in the district under the Lead Bank Scheme.
The RBI has also allotted a new District Working Code, “01O” for the newly created district.
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