What changed
The Government of Goa notified the creation of a new district, Kushavati, via a gazette notification dated December 31, 2025. RBI has now designated State Bank of India as the lead bank for this district, assigning it the district working code '02W'.
What it means for you
SBI must now coordinate banking development and credit planning in Kushavati district, including preparing district credit plans and convening bankers' meetings. Other banks operating in Goa should align their branch expansion and priority sector lending strategies with SBI's lead bank role in the new district.
What you must do
- Update internal records to reflect Kushavati as a separate district with lead bank SBI and working code 02W.
- Coordinate with SBI's lead bank office for district credit plan inputs and quarterly review meetings.
- Review branch network in Goa to ensure coverage in Kushavati district aligns with lead bank's priorities.
- Communicate the change to your Goa-based regional offices and branch managers for compliance.
Who it affects
State Bank of India (lead bank for Kushavati), All scheduled commercial banks with operations in Goa, Regional rural banks and cooperative banks in Goa, Goa state-level bankers' committee members
What is the new district working code for Kushavati?
The district working code allotted to Kushavati is '02W', which should be read as numeral zero, numeral two, and alphabet W.
Does this change affect lead banks for other districts in Goa?
No. RBI has explicitly stated there is no change in the lead banks of the other districts in the state of Goa.