# Delhi gets three new districts; RBI names lead banks, Shahdara district ends

URL: https://kasba.co.in/en/story/delhi-gets-three-new-districts-rbi-names-lead-banks-shahdara
Language: en · Section: Money · Published: 2026-10-27
Places: Delhi, Shahdara, North Delhi, Central Delhi, North West Delhi
Source: RBI, "Re-organisation of districts in the NCT of Delhi – Assignment and Review of Lead Bank Responsibility", 2026-10-26, https://www.rbi.org.in/scripts/NotificationUser.aspx?Id=13746&Mode=0

RBI on 26 October 2026 assigned lead banks for Delhi's new districts. This affects banks and district-level banking work in Delhi.

## What this means for you

This decision is about banks and district-level banking arrangements in Delhi. Ordinary depositors or customers do not have to fill any form and there is no deadline for them. If your account is in a bank in Shahdara or any Delhi district, your account is not directly affected.

## Key facts

- The Delhi government reorganised districts through a gazette notification dated 25 December 2025.
- Three new districts were formed: Old Delhi, Central North and Outer North.
- Shahdara district has ceased to exist.
- Old Delhi's lead bank is Canara Bank, code 03E.
- Central North's lead bank is State Bank of India, code 03F.
- Outer North's lead bank is Punjab National Bank, code 03G.

## What has happened

RBI issued a notice on 26 October 2026. It assigns lead banks for Delhi's new districts. The notice is addressed to chairmen and managing directors of the banks concerned.

## What changed in the districts

The Delhi government reorganised districts through a gazette notification dated 25 December 2025. This formed three new districts — Old Delhi, Central North and Outer North. Shahdara district has ceased to exist.

## What a lead bank is

A lead bank coordinates banking work and related schemes in a district. RBI has divided this responsibility for the new districts as follows:

- Old Delhi — Canara Bank, district working code 03E
- Central North — State Bank of India, district working code 03F
- Outer North — Punjab National Bank, district working code 03G

## Who benefits

The arrangement is for banks and district-level banking work in Delhi. It sets how banking work will be coordinated in the new districts.

## Effect on ordinary people

Ordinary depositors or customers do not have to fill any form for this. The notice gives no date by which customers must do anything. If your account is with a bank in these districts, it is not directly affected.

## Where to get more information

The full notice can be seen on the RBI website. Information can also be taken from your bank branch.

## Questions and answers

**Which new districts have been formed in Delhi?**
Three new districts have been formed: Old Delhi, Central North and Outer North. This is stated in the Delhi government's gazette notification dated 25 December 2025.

**Why does Shahdara district no longer exist?**
Shahdara district has ceased to exist after the Delhi government's reorganisation. The RBI notice states this.

**Who is the lead bank for the new districts?**
Canara Bank is lead bank for Old Delhi, State Bank of India for Central North and Punjab National Bank for Outer North. RBI gave this in its notice dated 26 October 2026.

**Do I need to do anything?**
No, ordinary customers do not need to do anything. The notice is for banks and gives no form or deadline for account holders.

Kasba Desk, Kasba. This routine notice was drafted with AI from an official source and published automatically; an editor reviews it after publishing.