# RBI assigns SBI as lead bank for Ladakh’s five new districts

2026-08-10T12:45:58+00:00 | Governance | Indian Opinion Desk

Corroboration: 1 independent outlet

The Reserve Bank of India has designated State Bank of India as the lead bank for five newly formed districts in the Union Territory of Ladakh: Sham, Nubra, Changthang, Zanskar and Drass. The districts were created by the UT administration through a gazette notification on April 27, 2026. SBI has been assigned district working codes for each. The lead banks for other districts in Ladakh remain unchanged.

## Coverage

- rbi.org.in <https://www.rbi.org.in/scripts/NotificationUser.aspx?Id=13675&amp;Mode=0>

Tags: district formation, financial inclusion, Ladakh, lead bank, RBI, SBI
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