MUMBAI: The Reserve Bank of India (RBI) on Friday issued a draft circular on the revised guidelines of the Lead Bank Scheme for public comments, which can be submitted till March 6.
Reserve Bank Governor Sanjay Malhotra had announced, as part of the Statement on Developmental and Regulatory Policies on February 6, that revised guidelines on the Lead Bank Scheme would be issued shortly to streamline the operational aspects.
The revised guidelines aim to fine-tune the objectives of the Scheme; the structure, membership and agenda of various fora under the cheme; clear delineation of roles and responsibilities of key functionaries; and provisions to further strengthen the State Level Bankers' Committee and Lead District Manager offices, according to an RBI statement.
“The comments on the draft Circular may be submitted by email with the subject line ‘Feedback on the Draft Circular on Lead Bank Scheme’. The last date for submission of comments is March 06, 2026, ” the statement said.