The Reserve Bank of India has assigned lead banks to three new districts in Delhi, changed the banks responsible for two existing districts and revoked the assignment for Shahdara. The changes follow the Delhi government’s district reorganization notified on December 25, 2025. Canara Bank has been assigned responsibility for Old Delhi, State Bank of India for Central North and Punjab National Bank for Outer North. These are the three districts created under the reorganization. For existing districts, State Bank of India replaces Canara Bank as the lead bank for Central, while Union Bank of India replaces Punjab National Bank for Northwest. Bank of Baroda’s lead bank responsibility for Shahdara has been revoked because the district has ceased to exist. Assignments in the remaining districts remain unchanged until further communication.
Reserve Bank of India assigns lead banks to three new Delhi districts and revises existing assignments
The Reserve Bank of India has revised lead bank responsibilities following Delhi’s district reorganization. The three new districts are allocated to Canara Bank for Old Delhi, State Bank of India for Central North and Punjab National Bank for Outer North. Central’s lead bank changes to State Bank of India and Northwest’s to Union Bank of India, while Bank of Baroda’s assignment for the former Shahdara district is revoked.