Lead Bank Assignment for New Kushavati District in Goa
Summary
RBI has designated State Bank of India as the Lead Bank for the newly created Kushavati district in Goa, effective March 30, 2026. The district, formed by the Government of Goa, has been assigned District Working Code '02W'. No changes have been made to Lead Bank assignments for other districts in Goa.
What changed
The Reserve Bank of India has issued Circular No. RBI/2025-26/264 (FIDD.CO.LBS.BC.No.14/02.08.001/2025-26) designating State Bank of India as the Lead Bank for the newly formed Kushavati district in Goa. The new district was officially notified by the Government of Goa on December 31, 2025 (Gazette No. 16/29/1/2023-Rev-I/3259) and has been assigned District Working Code '02W'. This is a purely administrative notification updating the Lead Bank directory to reflect the new district structure.
This notification requires no specific action from affected banks beyond updating their internal records to reflect the new district and Lead Bank designation. The Lead Bank responsibilities and assignments for all other Goan districts remain unchanged. Banks operating in or servicing the Goa region should note the new district code for reporting and coordination purposes.
Source document (simplified)
Notifications
| () | | | | | | | | | |
| Formation of new district in the State of Goa – Assignment of Lead Bank Responsibility | | | | | | | | | |
| | RBI/2025-26/264
FIDD.CO.LBS.BC.No.14/02.08.001/2025-26
March 30, 2026
The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned
Madam/ Dear Sir,
Formation of new district in the State of Goa –
Assignment of Lead Bank Responsibility
The Government of Goa has notified formation of new district, viz., Kushavati in the state of Goa vide Gazette Notification No. 16/29/1/2023-Rev-I/3259 dated December 31, 2025. Accordingly, it has been decided to designate the Lead Bank of the new district as below:
\| Sr
No \| Newly Created District \| Lead Bank Responsibility assigned to \| District Working Code allotted to new district \|
\| 1 \| Kushavati \| State Bank of India \| 02W
(to be read as ‘Numeral Zero, Numeral Two and Alphabet W’) \|
2. There is no change in the Lead Banks of the other districts in the state of Goa.
Yours faithfully,
(Nisha Nambiar)
Chief General Manager-in-Charge | Sr
No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district | 1 | Kushavati | State Bank of India | 02W
(to be read as ‘Numeral Zero, Numeral Two and Alphabet W’) |
| Sr
No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district | | | | | |
| 1 | Kushavati | State Bank of India | 02W
(to be read as ‘Numeral Zero, Numeral Two and Alphabet W’) | | | | | | | RBI/2025-26/264
FIDD.CO.LBS.BC.No.14/02.08.001/2025-26
March 30, 2026
The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned
Madam/ Dear Sir,
Formation of new district in the State of Goa –
Assignment of Lead Bank Responsibility
The Government of Goa has notified formation of new district, viz., Kushavati in the state of Goa vide Gazette Notification No. 16/29/1/2023-Rev-I/3259 dated December 31, 2025. Accordingly, it has been decided to designate the Lead Bank of the new district as below:
| Sr
No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district |
| 1 | Kushavati | State Bank of India | 02W
(to be read as ‘Numeral Zero, Numeral Two and Alphabet W’) |
2. There is no change in the Lead Banks of the other districts in the state of Goa.
Yours faithfully,
(Nisha Nambiar)
Chief General Manager-in-Charge | Sr
No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district | 1 | Kushavati | State Bank of India | 02W
(to be read as ‘Numeral Zero, Numeral Two and Alphabet W’) |
| RBI/2025-26/264
FIDD.CO.LBS.BC.No.14/02.08.001/2025-26
March 30, 2026
The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned
Madam/ Dear Sir,
Formation of new district in the State of Goa –
Assignment of Lead Bank Responsibility
The Government of Goa has notified formation of new district, viz., Kushavati in the state of Goa vide Gazette Notification No. 16/29/1/2023-Rev-I/3259 dated December 31, 2025. Accordingly, it has been decided to designate the Lead Bank of the new district as below:
| Sr
No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district |
| 1 | Kushavati | State Bank of India | 02W
(to be read as ‘Numeral Zero, Numeral Two and Alphabet W’) |
2. There is no change in the Lead Banks of the other districts in the state of Goa.
Yours faithfully,
(Nisha Nambiar)
Chief General Manager-in-Charge | Sr
No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district | 1 | Kushavati | State Bank of India | 02W
(to be read as ‘Numeral Zero, Numeral Two and Alphabet W’) | |
| Sr
No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district | | | | | | |
| 1 | Kushavati | State Bank of India | 02W
(to be read as ‘Numeral Zero, Numeral Two and Alphabet W’) | | | | | | |
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