Formation of New District in Nagaland – Assignment of Lead Bank Responsibility

Type of Document: Circular

Circular Date: 02-01-2025

Circular No.: RBI/2024-25/102 | FIDD.CO.LBS.BC.No.11/02.08.001/2024-25

Relevant Act/Rule: Reserve Bank of India, 1934

 

The Government of Nagaland has created a new district, Meluri, through Gazette Notification No.GAB-I/Adm-1/CREATION/21 dated November 02, 2024.

Lead Bank Responsibility:
State Bank of India (SBI) has been designated as the Lead Bank for the newly formed district of Meluri.

District Working Code:
The district has been assigned the code 02R (to be read as numeral zero, numeral two, and alphabet R).
There is no change in Lead Bank responsibilities for other districts in Nagaland.

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