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...