Reserve Bank of India (RBI) issues revised guidelines for Lead Bank Scheme (LBS) after comprehensive review

Exam-focused facts from the 23 June 2026 current affairs briefing.

Key facts

The Reserve Bank of India (RBI) has issued revised guidelines for the Lead Bank Scheme (LBS) superseding all earlier instructions on the subject.
The LBS aims to coordinate activities of banks, governments, and development agencies to boost credit flow and expand access to financial services.
The scheme has two key objectives: enhancing flow of credit to priority sectors for inclusive growth and deepening financial inclusion through improved access and usage of financial services.
The revised framework introduces a three-tier structure comprising Block Level Bankers' Committees, District Consultative Committees, and State Level Bankers' Committees.
The Lead Bank Scheme was introduced by RBI in December 1969; each Lead Bank will appoint a Lead District Manager to oversee implementation.