Complied AIComplied AI
RBI09 Aug 2026notificationPrepared by Complied AI

Formation of new districts in the Union Territory of Ladakh – Assignment of Lead Bank Responsibility

The Reserve Bank of India has assigned Lead Bank responsibilities for five newly created districts in the Union Territory of Ladakh: Sham, Nubra, Changthang, Zanskar, and Drass. Following the notification of these districts by the UT Administration on April 27, 2026, the State Bank of India has been designated as the Lead Bank for all five new districts. The RBI has also allotted specific District Working Codes to each of these new administrative units to facilitate banking operations. There are no changes to the Lead Bank responsibilities for existing districts in the Union Territory.

Official record

Open source pageOpen official PDF

AI-prepared change brief

Check the official record

What changed

The Reserve Bank of India has assigned Lead Bank responsibilities for five newly created districts in the Union Territory of Ladakh: Sham, Nubra, Changthang, Zanskar, and Drass. Following the notification of these districts by the UT Administration on April 27, 2026, the State Bank of India has been designated as the Lead Bank for all five new districts. The RBI has also allotted specific District Working Codes to each of these new administrative units to facilitate banking operations. There are no changes to the Lead Bank responsibilities for existing districts in the Union Territory.

Who is affected
  • State Bank of India
Required action
  • State Bank of India is designated as the Lead Bank for the new districts of Sham, Nubra, Changthang, Zanskar, and Drass.
Key dates
  • Date of notification of new districts
  • Date of issuance of the notification

Prepared automatically from the captured official document and checked against source evidence. This is not an independent professional review. See how briefs are prepared. Verify material decisions against the official record.

Source details

Source
Reserve Bank of India
Type
notification
Published by source
09 Aug 2026
Document number
RBI/2026-27/233
Coverage area
banking

Document text

Prepared for reading; wording retained from the source.

Verify official record

RBI/2026-27/233 FIDD.CO.LBS.BC.No.09/02.08.001/2026-27 August 10, 2026

The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned

Madam/ Dear Sir,

Formation of new districts in the Union Territory of Ladakh – Assignment of Lead Bank Responsibility

The Administration of Union Territory (UT) of Ladakh has notified formation of five new districts, viz., Sham, Nubra, Changthang, Zanskar and Drass in the UT of Ladakh vide Gazette Notification SG-LD-E-27042026-1712 dated April 27, 2026. Accordingly, it has been decided to designate the Lead Bank of the new districts as below:

Sr. NoNewly created districtLead Bank Responsibility assigned toDistrict Working Code allotted to new district
1.ShamState Bank of India02Z (to be read as ‘Numeral Zero, Numeral Two and Alphabet Z’)
2.NubraState Bank of India03B (to be read as ‘Numeral Zero, Numeral Three and Alphabet B’)
3.ChangthangState Bank of India03A (to be read as ‘Numeral Zero, Numeral Three and Alphabet A’)
4.ZanskarState Bank of India03C (to be read as ‘Numeral Zero, Numeral Three and Alphabet C’)
5.DrassState Bank of India03D (to be read as ‘Numeral Zero, Numeral Three and Alphabet D’)
  1. There is no change in the Lead Banks of the other districts in the UT of Ladakh.

Yours faithfully,

(Nisha Nambiar) Chief General Manager-in-Charge

Research the source law

Find the provision behind this update.

No high-confidence provision match was found. Browse the law library, choose the affected provision and ask against the exact statutory text.

Browse source laws

Related RBI updates