The Reserve Bank of India released a draft circular revising guidelines for the Lead Bank Scheme, focusing on objectives, structure, and roles, with comments due by March 6, 2026.
The Reserve Bank of India has issued a draft circular setting out revised guidelines for the Lead Bank Scheme (LBS) and opened it for public comment, following its earlier indication that updates would be issued to streamline operational aspects.
The draft focuses on fine-tuning the objectives of the scheme, revisiting the structure, membership and agenda of various fora under the LBS, clarifying the roles and responsibilities of key functionaries, and introducing provisions intended to further strengthen the State Level Bankers' Committee and Lead District Manager offices.
Comments are due by March 06, 2026.
The Reserve Bank of India has replaced earlier Lead Bank Scheme instructions with revised guidelines that reset coordination on priority sector credit and financial inclusion at block, district and state levels. The overhaul adds tighter governance timelines, clearer responsibilities for Lead District Managers and State Level Bankers’ Committee…
The Reserve Bank of India issued an updated master circular on the Lead Bank Scheme, consolidating guidelines for State and Union Territory Level Bankers’ Committee convenor banks, lead banks, and member institutions. It emphasizes improved credit planning, monitoring, and coordination to support financial inclusion and priority-sector credit…