Amalgamation of Public Sector Banks - Assignment of SLBC/ UTLBC Convenorship and Lead Bank responsibilities

RBI/2019-20/197
FIDD.CO.LBS.BC.No.22/02.01.001/2019-20

March 30, 2020

The Chairmen/ Managing Directors & CEOs
SLBC/ UTLBC Convenor Banks and Lead Banks

Madam / Dear Sir,

Amalgamation of Public Sector Banks - Assignment of SLBC/ UTLBC Convenorship and Lead Bank responsibilities

The amalgamations of Oriental Bank of Commerce and United Bank of India with Punjab National Bank; Andhra Bank and Corporation Bank with Union Bank of India; Syndicate Bank with Canara Bank and Allahabad Bank with Indian Bank have been notified vide the Gazette of India Notifications G.S.R. 153(E), G.S.R. 154(E), G.S.R. 155(E) and G.S.R. 156(E) dated March 4, 2020, respectively. The abovementioned notifications shall come into force on April 1, 2020.

2. In view of the above, it has been decided to assign the SLBC/ UTLBC Convenorship for the following States/ UTs as under:

3. Further, it has been decided to assign the Lead Bank responsibilities of the 111 districts hitherto held by Oriental Bank of Commerce, United Bank of India, Andhra Bank, Corporation Bank, Syndicate Bank and Allahabad Bank as per the Annex.

4. There is no change in the SLBC/ UTLBC Convenorship of other States/ Union Territories and Lead Bank responsibilities of other districts across the country.

Yours faithfully,

(Gautam Prasad Borah)
Chief General Manager-In-Charge

Encl.: As above

Annex