MUMBAI, India, June 19 -- Reserve Bank of India issued the following notification:

RBI/2026-27/150

FIDD.CO.LBS.BC.No.03/02.01.001/2026-27

June 19, 2026

The Chairman/Managing Director / Chief Executive Officer

All Commercial Banks excluding Foreign Banks (other than Wholly Owned Subsidiaries of Foreign Banks)

All State Co-operative Banks

All District Central Co-operative Banks

Madam / Dear Sir,

Lead Bank Scheme

Please refer to our Master Circular on the Lead Bank Scheme (LBS) FIDD.CO.LBS.BC.No.03/02.01.001/2025-26 dated April 01, 2025, consolidating the relevant guidelines / instructions issued by Reserve Bank of India on LBS from time to time.

2. A comprehensive review of the LBS has been undertaken and the revised guidelines on...