RBI Appoints Canara Bank as Lead Bank for Bajali District
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- Last Updated on 6 June, 2026
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RBI/2026-27/96 FIDD.CO.LBS.BC.NO.02/02.08.001/2026-27, dated 03.06.2026
The Reserve Bank of India (RBI) has designated Canara Bank as the Lead Bank for the newly created Bajali district in Assam.
The RBI has also assigned the district a new District Working Code (DWC) – 01O for administrative and banking coordination purposes.
1. Canara Bank Appointed as Lead Bank
Under the revised Lead Bank arrangements, Canara Bank will be responsible for discharging the Lead Bank’s functions in the Bajali district.
As the Lead Bank, Canara Bank will coordinate banking and financial inclusion activities in the district in accordance with the Lead Bank Scheme.
2. District Working Code Assigned
The RBI has assigned District Working Code (DWC) 01O to the newly created Bajali district.
The code will be used for banking administration, reporting and coordination under the Lead Bank framework.
3. Role of the Lead Bank
Under the Lead Bank Scheme, the designated Lead Bank is responsible for:
- Coordinating banking activities in the district;
- Monitoring implementation of financial inclusion initiatives;
- Facilitating credit planning and banking development;
- Coordinating with government departments and financial institutions; and
- Supporting the implementation of priority sectors and developmental programmes.
The appointment ensures effective banking administration in the newly created district.
4. No Change in Lead Bank Arrangements for Other Districts
The RBI has clarified that the Lead Bank arrangements for all other districts across the country shall remain unchanged.
The present notification is limited to the assignment of Lead Bank responsibility for the Bajali district.
5. Objective of the Notification
The notification seeks to operationalise banking administration and coordination mechanisms in the newly created Bajali district by assigning a designated Lead Bank and District Working Code.
The move is intended to facilitate effective implementation of the Lead Bank Scheme, strengthen financial inclusion efforts and support banking development activities in the district.
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