Assignment of Lead Bank Responsibility for New Districts Polavaram and Markapuram in Andhra Pradesh
Summary
The Reserve Bank of India has assigned Lead Bank responsibility for two newly created districts in Andhra Pradesh to Union Bank of India. Polavaram district receives working code 02X and Markapuram district receives working code 02Y. The RBI notification confirms no changes to Lead Bank responsibilities for existing districts in the state.
What changed
The RBI has assigned Lead Bank responsibility for two new districts in Andhra Pradesh—Polavaram and Markapuram—to Union Bank of India. Union Bank of India is designated as Lead Bank for both districts, with district working codes 02X and 02Y respectively. The notification clarifies that Lead Bank assignments for all other existing districts in Andhra Pradesh remain unchanged.
For Union Bank of India, this creates new Lead Bank responsibilities for coordinating banking services and credit deployment in these two districts. No action is required from other Lead Banks in Andhra Pradesh as their existing assignments are unaffected.
What to do next
- Monitor for updates
Archived snapshot
Apr 11, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
Notifications
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| Formation of new districts in the State of Andhra Pradesh – Assignment of Lead Bank Responsibility | | | | | | | | | | | | | |
| | RBI/2026-27/09
FIDD.CO.LBS.BC.No.01/02.08.001/2026-27
April 10, 2026
The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned
Madam/ Dear Sir,
Formation of new districts in the State of Andhra Pradesh –
Assignment of Lead Bank Responsibility
The Government of Andhra Pradesh has notified formation of two new districts, viz., Polavaram, and Markapuram in the state of Andhra Pradesh vide Gazette Notification No. G.O. MS. No. 517 Revenue (Lands-IV) Department and G.O. MS. No. 524 Revenue (Lands-IV) Department, respectively, both dated December 30, 2025. Accordingly, it has been decided to designate the Lead Bank of the new districts as below:
\| Sr No \| Newly Created District \| Lead Bank Responsibility assigned to \| District Working Code allotted to new district \|
\| 1 \| Polavaram \| Union Bank of India \| 02X
(to be read as ‘Numeral Zero, Numeral Two and Alphabet X’) \|
\| 2 \| Markapuram \| Union Bank of India \| 02Y
(to be read as ‘Numeral Zero, Numeral Two and Alphabet Y’) \|
2. There is no change in the Lead Banks of the other districts in the state of Andhra Pradesh.
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 | Polavaram | Union Bank of India | 02X
(to be read as ‘Numeral Zero, Numeral Two and Alphabet X’) | 2 | Markapuram | Union Bank of India | 02Y
(to be read as ‘Numeral Zero, Numeral Two and Alphabet Y’) |
| Sr No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district | | | | | | | | | |
| 1 | Polavaram | Union Bank of India | 02X
(to be read as ‘Numeral Zero, Numeral Two and Alphabet X’) | | | | | | | | | |
| 2 | Markapuram | Union Bank of India | 02Y
(to be read as ‘Numeral Zero, Numeral Two and Alphabet Y’) | | | | | | | | | | | RBI/2026-27/09
FIDD.CO.LBS.BC.No.01/02.08.001/2026-27
April 10, 2026
The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned
Madam/ Dear Sir,
Formation of new districts in the State of Andhra Pradesh –
Assignment of Lead Bank Responsibility
The Government of Andhra Pradesh has notified formation of two new districts, viz., Polavaram, and Markapuram in the state of Andhra Pradesh vide Gazette Notification No. G.O. MS. No. 517 Revenue (Lands-IV) Department and G.O. MS. No. 524 Revenue (Lands-IV) Department, respectively, both dated December 30, 2025. Accordingly, it has been decided to designate the Lead Bank of the new districts as below:
| Sr No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district |
| 1 | Polavaram | Union Bank of India | 02X
(to be read as ‘Numeral Zero, Numeral Two and Alphabet X’) |
| 2 | Markapuram | Union Bank of India | 02Y
(to be read as ‘Numeral Zero, Numeral Two and Alphabet Y’) |
2. There is no change in the Lead Banks of the other districts in the state of Andhra Pradesh.
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 | Polavaram | Union Bank of India | 02X
(to be read as ‘Numeral Zero, Numeral Two and Alphabet X’) | 2 | Markapuram | Union Bank of India | 02Y
(to be read as ‘Numeral Zero, Numeral Two and Alphabet Y’) |
| RBI/2026-27/09
FIDD.CO.LBS.BC.No.01/02.08.001/2026-27
April 10, 2026
The Chairman / Managing Director & Chief Executive Officer
Lead Banks Concerned
Madam/ Dear Sir,
Formation of new districts in the State of Andhra Pradesh –
Assignment of Lead Bank Responsibility
The Government of Andhra Pradesh has notified formation of two new districts, viz., Polavaram, and Markapuram in the state of Andhra Pradesh vide Gazette Notification No. G.O. MS. No. 517 Revenue (Lands-IV) Department and G.O. MS. No. 524 Revenue (Lands-IV) Department, respectively, both dated December 30, 2025. Accordingly, it has been decided to designate the Lead Bank of the new districts as below:
| Sr No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district |
| 1 | Polavaram | Union Bank of India | 02X
(to be read as ‘Numeral Zero, Numeral Two and Alphabet X’) |
| 2 | Markapuram | Union Bank of India | 02Y
(to be read as ‘Numeral Zero, Numeral Two and Alphabet Y’) |
2. There is no change in the Lead Banks of the other districts in the state of Andhra Pradesh.
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 | Polavaram | Union Bank of India | 02X
(to be read as ‘Numeral Zero, Numeral Two and Alphabet X’) | 2 | Markapuram | Union Bank of India | 02Y
(to be read as ‘Numeral Zero, Numeral Two and Alphabet Y’) | |
| Sr No | Newly Created District | Lead Bank Responsibility assigned to | District Working Code allotted to new district | | | | | | | | | | |
| 1 | Polavaram | Union Bank of India | 02X
(to be read as ‘Numeral Zero, Numeral Two and Alphabet X’) | | | | | | | | | | |
| 2 | Markapuram | Union Bank of India | 02Y
(to be read as ‘Numeral Zero, Numeral Two and Alphabet Y’) | | | | | | | | | | |
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