Regulatory Alerts2026-08-10
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Formation of new districts in the Union Territory of Ladakh – Assignment of Lead Bank Responsibility
The document designates the State Bank of India as the Lead Bank for five newly created districts in the Union Territory of Ladakh: Sham, Nubra, Changthang, Zanskar, and Drass. It assigns specific District Working Codes to these districts, ranging from 02Z to 03D. The Lead Bank responsibilities for all other existing districts in the Union Territory remain unchanged.
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( 403 kb ) Formation of new districts in the Union Territory of Ladakh – Assignment of Lead Bank Responsibility
RBI/2026-27/233 FIDD.CO.LBS.BC.No.09/02.08.001/2026-27
August 10, 2026
The Chairman / Managing Director & Chief Executive Officer Lead Banks Concerned
Madam/ Dear Sir,
Formation of new districts in the Union Territory of Ladakh –
Assignment of Lead Bank Responsibility
The Administration of Union Territory (UT) of Ladakh has notified formation of five new districts, viz., Sham, Nubra, Changthang, Zanskar and Drass in the UT of Ladakh vide Gazette Notification SG-LD-E-27042026-1712 dated April 27, 2026. 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
Sham
State Bank of India
02Z (to be read as ‘Numeral Zero, Numeral Two and Alphabet Z’)
Nubra
State Bank of India
03B (to be read as ‘Numeral Zero, Numeral Three and Alphabet B’)
Changthang
State Bank of India
03A (to be read as ‘Numeral Zero, Numeral Three and Alphabet A’)
Zanskar
State Bank of India
03C (to be read as ‘Numeral Zero, Numeral Three and Alphabet C’)
Drass
State Bank of India
03D (to be read as ‘Numeral Zero, Numeral Three and Alphabet D’)
- There is no change in the Lead Banks of the other districts in the UT of Ladakh. Yours faithfully, (Nisha Nambiar) Chief General Manager-in-Charge
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