RBI Updates Lead Bank Responsibility Following Rajasthan’s District Reorganisation

RBI updates lead bank responsibilities in Rajasthan to align with the state's recent district reorganisation. Most lead banks remain the same, but changes in Jaipur and Jodhpur districts
RBI - RBI Updates - Lead Bank Rajasthan district reorganisation RBI - TAXSCAN

The Reserve Bank of India (RBI) announced changes to lead bank responsibilities in the state of Rajasthan after the government reorganised several districts. This decision comes after Rajasthan officially merged and reshaped its district boundaries in December 2024.

According to the notification issued on April 11, 2025, nine newly created districts have now been merged into 12 existing ones. Because of this, the RBI has cancelled earlier lead bank assignments for the nine districts.

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These districts included Kekri, Shahpura, Anupgarh, Sanchore, Neem ka Thana, Gangapur City, Dudu, Jaipur (Rural), and Jodhpur (Rural). Previously, banks like Bank of Baroda, Punjab National Bank, State Bank of India, ICICI Bank, and UCO Bank were assigned responsibilities in these areas.

With the restructuring, the RBI has reviewed and either kept or updated lead bank roles in 12 affected districts. In most cases, the current lead bank remains the same, but there are changes in the Jaipur and Jodhpur districts, where the lead bank responsibilities have been updated.

Cancelled Lead Bank Assignments for Merged Districts

Erstwhile DistrictPrevious Lead Bank
KekriBank of Baroda
ShahpuraBank of Baroda
AnupgarhPunjab National Bank
SanchoreState Bank of India
Neem ka ThanaState Bank of India
Gangapur CityBank of Baroda
DuduUCO Bank
Jaipur (Rural)State Bank of India
Jodhpur (Rural)ICICI Bank

These assignments, issued under the November 2023 circular, have now been revoked.

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Updated Lead Bank Responsibilities After Reorganisation

Present DistrictLead BankStatus
AjmerBank of BarodaRetained
TonkBank of BarodaRetained
BhilwaraBank of BarodaRetained
BikanerState Bank of IndiaRetained
Sri GanganagarPunjab National BankRetained
JaloreState Bank of IndiaRetained
JhunjhunuBank of BarodaRetained
SikarPunjab National BankRetained
KarauliBank of BarodaRetained
Sawai MadhopurBank of BarodaRetained
JaipurState Bank of IndiaModified
JodhpurICICI BankModified

The RBI confirmed that there are no changes in lead bank assignments for other districts not listed in the table above. Lead banks are responsible for coordinating banking services at the district level. They play an important role in implementing government schemes, promoting financial inclusion, and supporting rural credit systems.

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